Gold is moving towards 2000 dollars per ounce

31.07.2020 13:18
According to preliminary data from CME Group, open interest and volume in the gold futures markets on Thursday decreased by about 11,700 contracts to 114,500 contracts, respectively.
Gold is moving to the level of 2000 dollars.
Thursday's negative price movement in the precious metals market was accompanied by a reduction in open interest and volume, hinting at the likelihood that deeper and longer-term pullbacks look unlikely, at least in the near term.  With this in mind, gold is still aiming to move to the psychological mark of $ 2,000 per ounce.

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