Considering advanced prints from CME Group for gold futures markets, open interest rose by just 9 contracts on Wednesday following the previous daily pullback. On the other hand, volume shrank by nearly 21K contracts, keeping the choppy activity well in place for yet another session.
Gold: Support emerged around $1815
Gold prices charted an inconclusive session on Wednesday. The move was on the back of a marginal uptick in open interest and shrinking open interest, leaving the outlook unclear for the time being. In the meantime, the recent sharp sell-off in the yellow metal seems to have met contention around $1815 per troy ounce.
Source: https://www.fxstreet.com/news/gold-futures-price-action-appears-unclear-202310050527