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: $ 1239.00)


Gold maintains an upward dynamics on the weak dollar and possible risks.

  • Resistance 1: From $ 1245.00 (technical level)
  • Resistance 2: From $ 1250.00 (psychological level)
  • Support 1: From $ 1235.00 (technical level)
  • Support 2: From $ 1230.00 (psychological level)

Computer analysis: Movings indicators forex Stochastic Oscilliator are in the overbought zone, indicating the limited growth.

Silver chart (current price: $ 14.50)


Silver also shows growth on the weakness of the US dollar, limited to overbought.

  • Resistance 1: From $ 14.60 (technical level)
  • Resistance 2: From $ 14.70 (technical level)
  • Support 1: From $ 14.40 (technical level)
  • Support 2: From $ 14.30 (technical level)

Computer analysis: Movings indicators forex Stochastic Oscilliator are in the overbought zone, indicating that growth is limited.

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