Free Trial

Real-time Actionable Insight

Get the latest on Central Bank Policy and FX & FI Markets to help inform both your strategic and tactical decision-making.

Free Access
GOLD TECHS: $1281.2-1296.4 Resistance Region Key
*RES 4: $1296.4 - High Sept 27 
*RES 3: $1290.3 - High Sept 29 
*RES 2: $1281.2 - Hourly support Sept 29 now resistance 
*RES 1: $1277.6 - Hourly resistance Oct 2
*PRICE: $1274.8 @ 0330GMT
*SUP 1: $1265.3 - High Aug 8 now support 
*SUP 2: $1251.2 - 200-DMA 
*SUP 3: $1249.9 - Monthly Low Aug 8 
*SUP 4: $1243.8 - Low July 26
*COMMENTARY: Gold remains heavy with immediate focus on $1265.3. Bears look for
a close below $1265.3 to confirm a break of the 100-DMA ($1272.4) and shift
focus to $1239.2-1251.2 where the bull channel base and 200-DMA are situated.
Resistance layers remain with bulls needing a close above $1281.2 to gain
breathing room and above $1296.4 to shift focus back to $1306.3-1320.0.

To read the full story

Why Subscribe to

MNI is the leading provider

of news and intelligence specifically for the Global Foreign Exchange and Fixed Income Markets, providing timely, relevant, and critical insight for market professionals and those who want to make informed investment decisions. We offer not simply news, but news analysis, linking breaking news to the effects on capital markets. Our exclusive information and intelligence moves markets.

Our credibility

for delivering mission-critical information has been built over three decades. The quality and experience of MNI's team of analysts and reporters across America, Asia and Europe truly sets us apart. Our Markets team includes former fixed-income specialists, currency traders, economists and strategists, who are able to combine expertise on macro economics, financial markets, and political risk to give a comprehensive and holistic insight on global markets.