Free Trial

The yellow metal stuck to a tight range,.......>

GOLD
GOLD: The yellow metal stuck to a tight range, losing $2 to trade at $1265.
- Fresh 2018 lows continue with bears now looking for a weekly close below the
100-WMA to add significant weight to the case for a test of the 200-WMA
($1234.1) and long term rising trend line off 2015 lows. Gold remains heavy with
the Bollinger base ($1269.2) the key concern for bears. Bulls now need a close
above $1284.1 to gain breathing room and above the 21-DMA to return pressure to
$1310.5.
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.