Free Trial

Gold extends the uptrend through $1318, to.....>

GOLD
GOLD: Gold extends the uptrend through $1318, to print its highest levels since
Mar 27. Next resistance is seen at $1324.63 from the Mar 25 high, above here
opens the 76.4% retracement of the Feb-May fall at $1327.81, ahead of channel
top resistance at $1330.45. Technically, last week's inverted hammer candle is
proving supportive, but the yellow metal is starting to generate overbought
conditions on technical studies such as RSI & MACD. Gold eases at typing, last
$1316.29.  

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.