Free Trial

The yellow metal trades ~$2 softer at..........>

GOLD
GOLD: The yellow metal trades ~$2 softer at $1,286/oz.
- Bears will be encouraged by the close below the 100-DMA, the first close below
this MA since November. They now target the double-bottom support area at
$1280.90/95. Bulls need to reclaim the 100-DMA, which would allow them to focus
on the psychological $1,300/oz level.
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.