Technical analys of gold and silver (Anton Hanzenko)
Gold chart (current price: $ 1313.00)
Gold keeps lateral dynamics on the uncertainty of the market.
- Resistance 1: From $ 1316.00 (technical level)
- Resistance 2: From $ 1320.00 (technical level)
- Support 1: From $ 1306.00 (May 8 minimum)
- Support 2: From $ 1304.00 (technical level)
Computer analysis: The Stochastic Oscillator movings are in the neutral zone, confirming the existing dynamics.
Silver chart (current price: $ 16.50)
Silver is trading in the established range near the balance line (MA 200).
- Resistance 1: From $ 16.60 (technical level)
- Resistance 2: From $ 16.70 (April 24 maximum)
- Support 1: From $ 16.30 (technical level)
- Support 2: From $ 16.20 (April 4 minimum)
Computer analysis: The Stochastic Oscillator movings are in the neutral zone, confirming the lateral trend.