Free Trial

A limited 24 hours or so for the yellow........>

GOLD
GOLD: A limited 24 hours or so for the yellow metal, which last trades at
$1,283/oz, a touch softer on the day.
- Bears continue to look for a move below broken uptrend support (noted at
$1,276.23 today). Continued failure to retrace below trend support would confirm
a recent false breakout and allow bulls to focus on $1,300, although the 50-,
55- & 100-DMAs provide resistance ahead of the psychological level.
MNI London Bureau | +44 0203-865-3809 | anthony.barton@marketnews.com
MNI London Bureau | +44 0203-865-3809 | anthony.barton@marketnews.com

To read the full story

Close

Why MNI

MNI is the leading provider

of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.

Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.