Technical analys of gold and silver (Anton Hanzenko)
Gold chart (current price: $ 1312.40)
Gold was under the pressure of a growth of the American, but so far it maintains an upward trend.
- Resistance 1: From $ 1320.00 (technical level)
- Resistance 2: From $ 1325.00 (April 27 maximum)
- Support 1: From $ 1310.00 (May 4 minimum)
- Support 2: From $ 1304.00 (technical level)
Computer analysis: The Stochastic Oscillator movings remain in the neutral zone, indicating uncertainty.
Silver chart (current price: $ 16,460)
Silver is trading with a slight decline in the Asian session.
- Resistance 1: From $ 16.60 (technical level)
- Resistance 2: From $ 16.75 (April 24 maximum)
- Support 1: From $ 16.40 (technical level)
- Support 2: From $ 16.20 (at least April 4)
Computer analysis: The Stochastic Oscillator movings are in the neutral zone, confirming the lateral trend.