Free Trial

Upside Focus Returns *RES 4: $18.218...>

SILVER TECHS
SILVER TECHS: Upside Focus Returns
*RES 4: $18.218 - High Sep 8, 2017 
*RES 3: $17.704 - High Jan 25, 2018 
*RES 2: $17.320 - High Jun 14 
*RES 1: $16.106 - High Jan 30, down trendline resistance from 2016 high 
*PRICE: $15.814 @ 06:04 GMT Feb 18 
*SUP 1: $15.492 - Low Feb 14 
*SUP 2: $15.222 - 200-dma 
*SUP 3: $15.184 - Low Jan 22 
*SUP 4: $15.001 - High Aug 28 
Silver has overcome its 21-dma to return the focus back to the key Jan 30 high
at $16.106. Above here would suggest a break of the downtrend from the 2016
highs, shifting the outlook very bullish. Baars need to see a move below the Feb
14 low at $15.492. Below here would open the 200-dma at $15.222, below which
would shift the outlook negative.

To read the full story

Close

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.