Gold Futures: Further gains look likely

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Gold Futures: Further gains look likely
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Gold Futures: Further gains look likely Gold Commodities Metals OpenInterest Futures

Gold: Another visit to $2000 appears on the cardsprices reversed two consecutive daily pullbacks and printed a marked bounce in the wake of the FOMC event on Wednesday. The uptick in the precious metal was on the back of a small build in open interest, which remains supportive of the continuation of the upside momentum in the very near term. That said, bullion could now attempt another move to the key $2000 mark per ounce troy.

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