Gold Futures: Rebound could take a breather – by pabspiovano Gold Commodities Metals OpenInterest Futures
Gold faces solid resistance around $1,750prices advanced markedly on Wednesday and briefly revisited the $1,750 region. The daily uptick was on the back of shrinking open interest, however, and hinted at the possibility of a near term correction in the current rebound. On the downside, the weekly low at $1,727 should offer initial contention for the time being.
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