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Free AccessGold has pushed through some initial...........>
GOLD: Gold has pushed through some initial technical resistance levels, even as
e-minis reversed their early losses and more, to sit at a multi-week peak. Gold
bulls now look to key resistance at $1,765.4/oz (the cycle high) in spot trade,
with spot last dealing at $1,752/oz, a little shy of intraday highs.
- Some pointed to familiar risk matters as the reason behind the bid in gold,
but the timing of the bid was out of sync with that narrative.
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.