OctaFX | OctaFX Forex Broker
Open trading account

Gold Futures: extra losses in the pipeline

According to flash data from CME Group for Gold futures markets, traders added 886 contracts to their open interest positions on Tuesday, recording the second – albeit small – build in a row. Volume, too, rose for another session, this time by around 229.5K contracts.

Gold could test the $1,536/32 area

The ounce troy of Gold keeps correcting lower on Wednesday following Tuesday’s pullback against the backdrop of increasing open interest and volume. With this in mind, the $1,536/32 band could be revisited in the near-term horizon, where coincide last week’s low and a Fibo retracement of the December rally.

US Senate approves Republican plan and sets rules for impeachment trial of President Trump

Latest headlines are crossing the wires, via Reuters, citing that US Senate has approved the Republican plan and set rules for the impeachment trial o
Read more Previous

AUD/USD: strong support aligns at 0.6790 – UOB

If the selling impetus picks up extra pace, AUD/USD is expected to meet solid contention in the 0.6790 region, according to FX Strategists at UOB Grou
Read more Next
Start livechat