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: $ 1260.00)
Gold maintains an upward trend, despite attempts of correction.
- Resistance 1: From $ 1275.00 (technical level)
- Resistance 2: From $ 1280.00 (psychological level)
- Support 1: From $ 1260.00 (psychological level)
- Support 2: From $ 1255.00 (technical level)
Computer analysis: Movings indicators forex Stochastic Oscillator are in the neutral zone, indicating the limitations of the decline.
Silver chart (current price: $ 14.90)
Silver was also under pressure from the correction, but retains an uptrend.
- Resistance 1: From $ 15.10 (technical level)
- Resistance 2: From $ 15.20 (technical level)
- Support 1: From $ 14.80 (technical level)
- Support 2: From $ 14.70 (psychological level)
Computer analysis: Movings indicators forex Stochastic Oscillator are in the oversold zone, indicating a limited decline.