- Home
- Policy
- G10 Markets
- Emerging Markets
- Commodities
- Data
- MNI Research
- About Us
To read the full story
Sign up now for free trial access to this content.
Please enter your details below.
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.
- PolicyPolicy
Exclusive interviews with leading policymakers that convey the true policy message that impacts markets.
LATEST FROM POLICY: - G10 MarketsG10 Markets
Real-time insight on key fixed income and fx markets.
Launch MNI Podcasts - Emerging MarketsEmerging Markets
Real-time insight of emerging markets in CEMEA, Asia and LatAm region
- CommoditiesCommodities
Real-time insight of oil & gas markets
- Data
- MNI Research
- 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 AccessNeedle Still Points South
- RES 4: $25.206 - High Jun 8
- RES 3: $24.867 - High Sep 3 and the reversal trigger
- RES 2: $24.411 - High Sep 8
- RES 1: $23.437 - 20-Day EMA
- PRICE: $22.625 @ 07:25 BST Sep 23
- SUP 1: $22.039 - Low Sep 20
- SUP 2: $21.899 - Low Nov 30, 2020
- SUP 3: $21.677 - Low Sep 24
- SUP 4: $20.871 - 50.0% retracement of the Mar '20 - Feb '21 rally
Silver trend conditions remain bearish following last week's sharp losses that resulted in a breach of support at $22.626, Aug 9 low. The metal traded lower again Monday. A bearish theme was also recently reinforced following the failure to clear the 50-day EMA that continues to provide resistance. With $22.626 cleared, the focus is on $21.899 next, Nov 30, 2020 low. Key trend resistance has been defined at $24.867, Sep 3 high.
To read the full story
Sign up now for free trial access to this content.
Please enter your details below.
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.