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On September 19, local time, Jérôme Bonnefont, the French Permanent Representative to the United Nations and the Security Councils rotating president for the month, announced that the Security Council had completed the third round of indicative voting on the selection of the next Secretary-General. The results of the indicative voting will not be made public but will be communicated to the candidates through their nominating countries.On September 18th, the Beijing Municipal Bureau of Economy and Information Technology and the Beijing Municipal Development and Reform Commission jointly issued the "Action Plan for Accelerating the Development of the Meta-economy in Beijing (2026-2028)". The plan mentions building a core software ecosystem for intelligent agents. It includes implementing an intelligent agent control enhancement project, tackling key challenges in secure and controllable technology stacks, and improving the security capabilities of intelligent agents throughout the entire task execution process; breaking through key software technologies such as memory management, secure access control, and efficient inter-component communication; cultivating a number of intelligent agent operating system and new software tool companies; and empowering the software and information service industry to upgrade and improve its quality.On September 18th, the Beijing Municipal Bureau of Economy and Information Technology and the Development and Reform Commission jointly issued the "Action Plan for Accelerating the Development of the Meta-economy in Beijing (2026-2028)". The plan mentions cultivating general-purpose and vertical domain intelligent agents. It supports enterprises in developing general-purpose intelligent agent products for individual users and institutional clients. It encourages internet platform companies, intelligent agent service providers, and other business entities to strengthen collaboration and promote the large-scale implementation of intelligent agents in information consulting, commercial services, and lifestyle services. Focusing on key areas such as industrial manufacturing, scientific research, biomedicine, and education, it opens up intelligent agent application scenarios, drives the formation of a number of representative benchmark application projects, and promotes industry-specific meta-economy application services.On September 18th, the Beijing Municipal Bureau of Economy and Information Technology and the Beijing Municipal Development and Reform Commission jointly issued the "Action Plan for Accelerating the Development of the Meta-economy in Beijing (2026-2028)." The plan includes the creation of a meta-economy distribution platform. It supports software and information service companies in building world-class meta-economy distribution platforms, enhancing cross-model, cross-modal, and cross-regional platform access capabilities, and providing developers with unified interfaces, model aggregation, meta-economy measurement, and settlement services. The plan also aims to accelerate the cultivation of leading enterprises with significant industry-leading and clustering effects and strong upstream and downstream radiation and driving force. Furthermore, it promotes the inclusion of meta-economy distribution platforms in the new infrastructure layout, forming an efficient service portal for the intelligent economy.On September 18th, the Beijing Municipal Bureau of Economy and Information Technology and the Beijing Municipal Development and Reform Commission jointly issued the "Action Plan for Accelerating the Development of the Meta-economy in Beijing (2026-2028)". The plan supports software and information service companies in collaborating with third-party evaluation agencies to explore the construction of a meta-economy testing platform. This platform will facilitate a sustainable operating model through value-added services such as intelligent model routing and evaluation consulting. The plan also aims to establish objective and impartial performance and quality evaluation standards for meta-economy components, providing a reference for meta-economy pricing and intelligent model routing.

Analysis of the Silver Price: XAG/USD is grinding within a crucial Fibonacci retracement envelope

Daniel Rogers

Feb 09, 2023 15:00

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Early Thursday in Asia, the silver price (XAG/USD) retreated to $22.30, erasing the previous day's rebound gains. Nonetheless, the precious metal protects the weekly trading range inside the critical Fibonacci retracement levels of the quote's upward movement from late November 2022 to early February 2023.

 

Even if the $0.50 range has limited recent Silver price movement, RSI circumstances and the 21-bar Exponential Moving Average (EMA), which was around $22.50 at the time of publication, make it difficult for buyers to gain control.

 

In the event that XAG/USD breaches the weekly trading range between $22.10 and $22.60, denoted by the 61.8% and 50% Fibonacci retracement lines, the metal price might target $23.00.

 

After that, various obstacles near $23.10 to $15 could test the price's upward momentum before directing it to the $24.50 barrier. The monthly high of $24.63 also functions as an upward filter.

 

To persuade the Silver bears, a clear breach of the $22.10 range support must be supported by the $22.00 round number.

 

In that event, the November 24 peak around $21.70 and the November 29 swing low at $20.90 could serve as intermediate halts prior to emphasizing the $20.00 psychological magnet for XAG/USD sellers.