Exclusive interviews with leading policymakers that convey the true policy message that impacts markets.
Reporting on key macro data at the time of release.
Real-time insight on key fixed income and fx markets.
- Emerging MarketsEmerging Markets
Real-time insight of emerging markets in CEMEA, Asia and LatAm region
- 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
SILVER TECHS: Looking For Weakness
*RES 4: $17.943 - Channel top drawn off Sep 24 high
*RES 3: $17.672 - High Nov 7
*RES 2: $17.437 - 50% retracement of Nov 4 - Nov 12 decline
*RES 1: $17.238 - High Nov 22
*PRICE: $16.931 @ 06:48 GMT Nov 26
*SUP 1: $16.745 - Low Nov 18
*SUP 2: $16.649 - Low Nov 12 and bear trigger
*SUP 3: $16.540 - Low Aug 13
*SUP 4: $16.340 - 61.8% retracement of May 28 - Sep 4 rally
Recent gains in Silver between Nov 12 and Nov 22 have been viewed as a
correction with a bearish bias still intact. This follows the breach on Nov 8 of
former key support at $16.898, Oct 1 low that confirmed a resumption of the
downtrend that has been in place since prices peaked on Sep 4. Attention is on a
move to $16.540 next with the bear trigger at $16.649, Nov 12 low. On the
upside, resistance has been defined at $17.238, Nov 22 high.