-
Policy
Policy
Exclusive interviews with leading policymakers that convey the true policy message that impacts markets.
LATEST FROM POLICY: -
EM Policy
EM Policy
Exclusive interviews with leading policymakers that convey the true policy message that impacts markets.
LATEST FROM EM POLICY: -
G10 Markets
G10 Markets
Real-time insight on key fixed income and fx markets.
Launch MNI Podcasts -
Emerging Markets
Emerging Markets
Real-time insight of emerging markets in CEMEA, Asia and LatAm region
-
Commodities
Commodities
Real-time insight of oil & gas markets
-
Credit
Credit
Real time insight of credit markets
-
Data
-
MNI Research
Actionable insight on monetary policy, balance sheet and inflation with focus on global issuance. Analysis on key political risk impacting the global markets.
-
About Us
To read the full story
Sign up now for free trial access to this content.
Please enter your details below.
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.
Real-time Actionable Insight
Get the latest on Central Bank Policy and FX & FI Markets to help inform both your strategic and tactical decision-making.
Free AccessRecovery Falters At The 76.4% Fibo.......>
GOLD TECHS: Recovery Falters At The 76.4% Fibo Retrace Level At $1274.6
*RES 4: $1281.5 Jun 14 high
*RES 3: $1274.6 Jun 6 low, 76.4% Fibo of $1296.1-$1204.8
*RES 2: $1270.9 Aug 3 high
*RES 1: $1264.3 Hourly resistance
*PRICE: $1258.7 @1608GMT
*SUP 1: $1251.1/2.1 76.4% of $1243.9-$1274.2, Jul 27 low
*SUP 2: $1243.9 Jul 26 low
*SUP 3: $1239.5 Jul 21 low
*SUP 4: $1233.1 Jul 14 high, now support
*COMMENTARY* Backed away last week after a challenge to the 76.4% Fibo retrace
level at $1274.6. Initial support from $1258.9 was breached last Wednesday but
eyes are currently on the lower and more important support from between the Jul
27 low at $1252.1 and the 76.4% Fibo retrace level at $1251.1. Loss would spoil
recent upside momentum and suggest that a deeper correction is then required. In
the meantime, resistance $1264.3-$1270.9, ahead of that key $1274.6 level.
To read the full story
Sign up now for free trial access to this content.
Please enter your details below.
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.