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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.
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Free AccessMNI POLITICAL RISK - Trump Rounds Out Cabinet Nominations
MNI POLITICAL RISK ANALYSIS - Week Ahead 25 Nov-1 Dec
Bears Back In Control, Focus On Dec....>
SILVER TECHS: Bears Back In Control, Focus On Dec Low
*RES 4: $17.394 - High Feb 1
*RES 3: $17.030 - Low Jan 31 now resistance
*RES 2: $16.824 - 200-DMA
*RES 1: $16.723 - 55-DMA
*PRICE: $16.691 @ 0430GMT
*SUP 1: $16.540 - Low Feb 2, Hourly support Feb 5
*SUP 2: $16.260 - High Dec 20 now support
*SUP 3: $15.931 - Hourly resistance Dec 15 now support
*SUP 4: $15.825 - Low Dec 14
*COMMENTARY: Bears have gained the upper hand following a whippy couple of week
of trading with overall focus back on tests of $15.570 Dec lows. Daily studies
are well placed for a fresh leg lower. Layers of resistance have followed silver
lower with bulls now needing a close above the 200-DMA to ease bearish pressure
and above $17.030 to shift focus back to $17.394-695.
To read the full story
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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.