- 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 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 AccessTrending Top 5
Market News Topics
November 15, 2019 06:56 GMT
Outlook Remains Bearish *RES 4:........>
SILVER TECHS
SILVER TECHS: Outlook Remains Bearish
*RES 4: $18.228 - High Nov 4
*RES 3: $18.071 - Channel top drawn off Sep 24 high
*RES 2: $17.675 - High Nov 7
*RES 1: $17.145 - High Nov 8
*PRICE: $16.890 @ 06:55 GMT Nov 15
*SUP 1: $16.646 - Low Nov 12
*SUP 2: $16.540 - Low Aug 13
*SUP 3: $16.337 - 61.8% retracement of May 28 - Sep 4 rally
*SUP 4: $16.306 - Projected bear channel base drawn off Sep 24 high
Recent gains in Silver have been viewed as a correction. The outlook remains
bearish following the breach on Nov 8 of former key support at $16.891, Oct 1
low. This reinforced the current bearish conditions and confirmed a resumption
of the downtrend that has been in place since prices peaked on Sep 4. Attention
is on a move towards $16.540 next with the bear trigger at $16.646, Nov 12 low.
On the upside, resistance is at $17.675, Nov 11 high.
To read the full story
Sign up now for free access to this content.
Please enter your details below and select your areas of interest.
Why Subscribe to
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.
We are facing technical issues, please contact our team.
ok
Your request was sent sucessfully! Our team will contact you soon.
ok