Free Trial

The yellow metal ran out of steam in front.....>

GOLD
GOLD: The yellow metal ran out of steam in front of $1350/oz in Asian hours,
last trading unchanged around $1345.
- Bulls take comfort in support emerging on dips back towards the 21 (1335.6) &
55- ($1331.4) DMAs but continue to look for a close above the April 12 high
($1353.2) to return focus to $1366.0-1391.8 where the 2018, 2016 & 2014 highs
are located. Layers of support remain between $1315.9-1335.6.
MNI London Bureau | +44 0203-865-3809 | anthony.barton@marketnews.com
MNI London Bureau | +44 0203-865-3809 | anthony.barton@marketnews.com

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.