Gold Futures: Probable rebound on the cards

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Gold Futures: Probable rebound on the cards
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Gold Futures: Probable rebound on the cards – by pabspiovano Gold Commodities Metals OpenInterest Futures

Gold: Gains remain capped by $1,740/50prices was amidst shrinking open interest and volume, hinting at the probability of further gains in the very near term. While price action in bullion appears consolidative, it could attempt a move higher to the $1,740 region per ounce troy in the short-term horizon.

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