Free Trial

The broader based stronger USD pressures.......>

GOLD
GOLD: The broader based stronger USD pressures Gold to near 7-month lows of
$1244.65 as the yellow metal continues to lose its safe-haven status. (As
highlighted in the MNI Analysis email - Gold approaching long term up trend line
support Jun27). The ascending support line is seen at $1238.69, a break triggers
renewed bearish momentum putting focus on $1226.20 (Equality fall from $1309.40
to $1365.40-1282.20.  

To read the full story

Close

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.