Free Trial

After a brief dip below its 21-dma earlier.....>

GOLD
GOLD: After a brief dip below its 21-dma earlier today gold has recovered its
losses and is trading at its daily high of $1202.6. The continued failure to
break and hold below the 21-dma gives bulls some hope to establish a more solid
basing pattern. A more above $1208.9 would likely trigger a run at the August 28
high of $1214.2, and a break above here would suggest a bullish reversal pattern
is taking shape. 

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.