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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 AccessMNI EUROPEAN MARKETS ANALYSIS: ECB Expected To Cut Rates Later
MNI EUROPEAN OPEN: A$ & Local Yields Surge Following Jobs Data
Gold surges higher trading above bull....>
GOLD TECHS: Gold surges higher trading above bull channel resistance
*RES 4: $1500.0 - Psychological round number
*RES 3: $1483.8 - 50% retracement of the Sep 2011-Dec 2015 decline
*RES 2: $1433.8 - High Aug 2013
*RES 1: $1412.1 - Intraday high
*PRICE: $1396.5 @ 07:16 BST Jun 21
*SUP 1: $1382.3 - Intraday low
*SUP 2: $1357.8 - Low Jun 20
*SUP 3: $1338.7 - Low Jun 18
*SUP 4: $1332.4 - Low Jun 13
Gold has again surged overnight extending the Jun bull rally. Some selling
pressure though did develop off the overnight highs. Prices traded through the
bull channel resistance at $1394.84. While the uptrend remains clearly intact,
it would not be a surprise if activity settles down given the fact that the
yellow metal has arrived at the top of its bull channel. Overall, the outlook
remains bullish and today's Asia high of $1412.08 marks the next bull trigger.
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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.