- G10 Markets
- Fixed Income
- Foreign Exchange
- Emerging Markets
- MNI Research
- Global Macro
- Political Risk
- About Us
Exclusive interviews with leading policymakers that convey the true policy message that impacts markets.
- G10 Markets
- Emerging MarketsEmerging Markets
Real-time insight of emerging markets in CEMEA, Asia and LatAm region
Real-time insight of oil & gas markets
Reporting on key macro data at the time of release.
- MNI ResearchMNI Research
Actionable insight on monetary policy, balance sheet and inflation with focus on global issuance. Analysis on key political risk impacting the global markets.
- About Us
Real-time Actionable Insight
Get the latest on Central Bank Policy and FX & FI Markets to help inform both your strategic and tactical decision-making.Free Access
- RES 4: $27.628 - High Sep 15 and a key resistance
- RES 3: $26.780 - Trendline resistance drawn off the Aug 7 high
- RES 2: $25.851 - Low Sep 8
- RES 1: $25.562 - High Oct 12 and the near-term bull trigger
- PRICE: $24.587 @ 07:04 BST Oct 23
- SUP 1: $23.577 - Low Oct 15
- SUP 2: $22.878 - Low Oct 6 and key near-term support
- SUP 3: $21.677 - Low Sep 24 and the bear trigger
- SUP 4: $20.751 - 38.2% retracement of the Mar - Aug rally
Silver is consolidating but maintains a firmer short-term tone. The break of $24.515 on Oct 9 confirmed a resumption of the uptrend that started Sep 24. A resumption of strength would set the scene for a climb towards $25.851, Sep 8 low and trendline resistance at $26.780. The trendline is drawn off the Aug 7 high. Firm support lies at $23.577, Oct 15 low. A move below this support would represent a bearish development.
Sign up now for free access to this content.
Please enter your details below and select your areas of interest.
Why Subscribe to
MNI is the leading providerof 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.