Free Trial

Safe-haven flow has seen Gold improve +$12.....>

GOLD: Safe-haven flow has seen Gold improve +$12 on the session to make a show
back above $1200. High print of $1201.89 with next resistance seen at $1203.97
which represents the 76.4% retracement of $1211-10-1180.89. Looking at the
bigger picture bulls need the yellow metal to break out of its recent $1180-1215
range for the next leg higher and to challenge the 100-dma at $1236.28.  

To read the full story



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.