"Regarding the Open Interest............. a decline in both price and OI indicates liquidation by discouraged traders with long positions. As long as this trend continues, it is a bearish sign."
This is why I got that mixed up. I thought OI reduction is when the Commercials are short covering! Hence I could not make sense mid year when gold fell into a swing low before it rallied pre-Brexit.
Fundamentals haven't changed, page-133
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$15.90 |
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| Open | High | Low | Value | Volume |
| $16.23 | $16.23 | $15.89 | $28.19M | 1.757M |
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| No. | Vol. | Price($) |
|---|---|---|
| 21 | 9551 | $15.89 |
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| Price($) | Vol. | No. |
|---|---|---|
| $15.90 | 1600 | 10 |
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