Technical analysis of gold and silver (Andre Green)
Gold chart (current price: $ 1282.00)
Gold accelerated decline on the general growth of optimism and a decrease in the demand for safe assets.
Gold accelerated decline on the general growth of optimism and a decrease in the demand for safe assets.
Oil remains at the level of the opening day due to the expectations of the results of the OPEC meeting.
The Brent remains in the correction phase after the breakthrough of psychology $ 80 per barrel.
Gold continues to trade with a slight decrease, remaining near the lower boundary of the annual channel.
Computer analysis: The Stochastic Oscillator movings are located in the neutral zone, preserving the uncertainty of gold.
Silver remains in a general downward trend and maintains an established trading range.
Computer analysis: The Stochastic Oscillator movings are in the neutral zone, despite the corrective movement.
Oil remains at the opening level of the day, correcting after the next update of the maximum.
The Brent went into the correction phase after breaking through psychology at $ 80 per barrel.
Computer analysis: The Stochastic Oscillator movings are in the neutral zone and are traded downward in anticipation of further growth in the cost of oil.
The WTI brand is also traded in flat, thereby adjusting itself after growth.
Computer analysis: The Stochastic Oscillator movings are in the neutral zone, indicating the unloading of the indicator and opening the possibility for growth.
Gold, after the decline, remains in the sideways trend near the lower border of the trading channel.