Gold Futures: Door open to further gains By pabspiovano Gold Commodities Metals OpenInterest Futures
Gold looks supported by the 200-day SMAprices partially reversed the recent sell-off on Wednesday after revisiting once again the $1830 region, where the 200-day SMA sits. The daily rebound came amidst rising open interest, which is supportive of further upside in the very near term. Immediately on the upside emerges the 100-day SMA at $1883 ahead of the May high at $1909 .
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