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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.
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Free AccessJumps $4 Dollar
- Gold sees a sudden $4 gain, seems more of a metal move, although not seeing similar price action in Silver, Palladium, or Platinum.
- LME desks haven't seen any new trigger, looks order flow related, with very little change in early trade for the Dollar, although the precious metal has benefitted from safer haven flow of late.
- Gold is at its highest level since the 16th January and is testing the immediate resistance, right here at $2039.4 - High Jan 19.
- Above the latter, opens to $2062.3/2088.5 - High Jan 12 / High Dec 28.
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.