Gold Futures: Further correction on the cards Gold Commodities Metals OpenInterest Futures
ngs from CME Group. Volume, instead, shrank by around 10.6K contracts, partially reversing the previous daily build.prices started the week on the defensive after hitting new 2023 highs past the key $2000 mark per ounce troy. The knee-jerk came in tandem with rising open interest and indicates that the continuation of the decline appears likely in the very near term. That said, the 55-day SMA at $1881 emerges as the a temporary support for the time being.
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