Gold Futures: Room for a near-term rebound

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Gold Futures: Room for a near-term rebound
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Gold Futures: Room for a near-term rebound Gold Commodities Metals OpenInterest Futures

Gold appears initially supported around $1930prices extended the weekly decline on Thursday amidst shrinking open interest, which is indicative that a deeper retracement looks out of favour in the very near term. In the meantime, the yellow metal is expected to remain bolstered by the $1930 region per ounce troy.Information on these pages contains forward-looking statements that involve risks and uncertainties.

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