Gold Futures: Further gains spear unlikely

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Gold Futures: Further gains spear unlikely
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Gold Futures: Further gains spear unlikely Gold Commodities Metals OpenInterest Futures

her the downward trend. Volume followed suit and shrank by around 29.4K contracts, partially fading the previous daily build.started the week in a positive fashion and with decent gains. The uptick, however, was accompanied by shrinking open interest and volume and hints at the idea that a more sustainable advance seems out of favour for the time being. In the meantime, occasional bouts of strength should meet initial resistance around $1980 per ounce troy.

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