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: $ 1282.00)


Gold remains under the pressure of correction, on the growth of optimism.

  • Resistance 1: From $ 1290.00 (psychological level)
  • Resistance 2: From $ 1295.00 (technical level)
  • Support 1: From $ 1275.00 (technical level)
  • Support 2: From $ 1270.00 (psychological level)

Computer analysis: Movings indicators forex indicator Stochastic Oscillator are in the neutral zone, indicating a potential for decline.

Silver chart (current price: $ 15.60)


Silver was also under pressure for correction after growth, limited to the downward trend.

  • Resistance 1: From $ 15.80 (technical level)
  • Resistance 2: From $ 15.90 (technical level)
  • Support 1: From $ 15.50 (technical level)
  • Support 2: From $ 15.40 (technical level)

Computer analysis: Movings indicators forex indicator Stochastic Oscillator are in the neutral zone, indicating the limited growth.

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