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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 POLITICAL RISK ANALYSIS - Week Ahead 2-8 December
MNI POLITICAL RISK - Trump Targets BRICS w/New Tariff Threat
MNI Gilt Week Ahead: Triple issuance week?
MNI US MARKETS ANALYSIS - French Politics Undermines EUR
GOLD TECHS: Gold surges higher to test...>
GOLD TECHS: GOLD TECHS: Gold surges higher to test bull channel resistance
*RES 4: $1483.8 - 50% retracement of the Sep 2011-Dec 2015 decline
*RES 3: $1433.8 - High Aug 2013
*RES 2: $1400.00 Psychological round number
*RES 1: $1394.9 - High June 20 thus far and just above bull channel top
*PRICE: $1383.6 @ 08:26 BST Jun 20
*SUP 1: $1357.8 - Low Jun 20
*SUP 2: $1338.7 - Low Jun 18
*SUP 3: $1332.4 - Low Jun 13
*SUP 4: $1319.9 - Low June 11
Gold has surged overnight extending the Jun bull rally. Today's high has arrived
at a critical resistance marking the top of a bull channel drawn off the Aug 16,
2018 low and intersects at $1394.29. Momentum studies remain bullish and with
the bull trend firmly entrenched, the channel top is likely to come under
renewed pressure. Today's low of 1357.78 marks initial support.
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.