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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.
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 AccessMNI: BOJ Tankan: Key Sentiment Rises, Solid Capex Plans
MNI ASIA OPEN: Weak 30Y Reopen, ECB Forward Guidance Weighing
MNI ASIA MARKETS ANALYSIS: Tsys Reverse Early Data Driven Gain
Bulls Eyeing $2000.00
- RES 4: $2065.4 - 2.382 proj of Dec '19 - Mar rally from Mar 16 low
- RES 3: $2027.7 - 2.236 proj of Dec '19 - Mar rally from Mar 16 low
- RES 2: $2000.0 - Psychological round number
- RES 1: $1981.3 - High Jul 28 and all-time high
- PRICE: $1959.0 @ 08:20 BST Jul 29
- SUP 1: $1907.0/1899.9 - Low Jul 28 / Low Jul 27
- SUP 2: $1863.8 - Low Jul 23
- SUP 3: $1841.2 - Low Jul 22
- SUP 4: $1817.8 - 20-day EMA
Despite some volatile price action yesterday, Gold remains bullish.
Yesterday, the yellow metal traded to a new all time high of $1981.3. A
strong impulsive bull run has dominated despite being overbought and
gold for now looks set to extend the current rally. The focus is on the
psychological $2000.0 level. We are closely monitoring the current
overbought reading and any signs of a top. Initial support is at $1907.0.
To read the full story
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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.