Gold Futures: Room for extra upside

In light of flash data for Gold futures markets from CME Group, open interest extended the uptrend and rose by around 2.1K contracts. Volume, instead, prolonged the choppy activity and shrunk by around 72.3K contracts.

Gold still eyes $1,800 and above

Gold prices keep the firm note so far, with the immediate target at the $1,800 level per ounce. This view is sustained by the persistent uptrend in open interest, in place since June 16^th.