Technical analysis of gold and silver (Andre Green) - Ester Holdings

Technical analysis of gold and silver (Andre Green)

Forex indicators used in Technical analysis: MACD, RSI, Ichimoku Kinko Hyo, Equal-channel, Fibonacci lines, Price Levels.

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Gold chart (current price: $ 1231.00)


Gold moves at the opening level of the day, adjusting after growth.

  • Resistance 1: From $ 1235.00 (psychological level)
  • Resistance 2: From $ 1240.00 (technical level)
  • Support 1: From $ 1225.00 (psychological level)
  • Support 2: From $ 1220.00 (technical level)

Computer analysis: Movings indicators forex indicator Stochastic Oscilliator are in the zone of light oversold, indicating a limited decline.

Silver chart (current price: $ 14.70)


Silver was also under pressure from the correction, but returned to an uptrend.

  • Resistance 1: From $ 14.90 (technical level)
  • Resistance 2: From $ 15.00 (psychological level)
  • Support 1: From $ 14.60 (technical level)
  • Support 2: From $ 14.50 (technical level)

Computer analysis: Movings indicators forex indicator Stochastic Oscilliator are in the neutral zone, while maintaining the potential for growth.

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