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MIG Bank

MIG Bank

MIG Bank

MIG BANK, formerly known as MIG INVESTMENTS, was established in Neuchatel, Switzerland as an online Forex broker and in 2009 became the world's 1st Forex…

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Gold - Back To 6-Week Low

Gold keeps on moving lower. Resistance is given at 1303 (02/05/2016 high) and support at 1242 (24/05/2016) has been broken. The bearish momentum is very strong and the metal should monitor stronger support at 1208 (28/03/2016 low).

In the long-term, the technical structure suggests that there is a growing upside momentum. A break of 1392 (17/03/2014) is necessary ton confirm it, A major support can be found at 1045 (05/02/2010 low).

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