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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.
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Free AccessGold continues to fail to improve on the.......>
GOLD: Gold continues to fail to improve on the recent highs, despite the
cautious tone surrounding markets and ever growing worry re: coronavirus, as
participants continue to point to crowded longs and margin call requirements in
other assets leading to liquidation in yellow metal longs.
- Spot last $1,636/oz, little changed on the day.
- Bears look for a break below $1632.0/oz, the Mar 4 low, after yesterday's
close below the Mar 10 low. A consolidated break below the former would see them
switch their focus to the 50-EMA. Recent highs present the only real initial
resistance of note.
To read the full story
Sign up now for free trial access to this content.
Please enter your details below.
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.