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: $ 1279.00)
Gold remains under pressure, limited to a restrained downtrend.
- Resistance 1: From $ 1285.00 (technical level)
- Resistance 2: From $ 1290.00 (psychological level)
- Support 1: From $ 1275.00 (technical level)
- Support 2: From $ 1270.00 (psychological level)
Computer analysis: Movings indicators forex Stochastic Oscillator are in neutral oversold, indicating a limited decline.
Silver chart (current price: $ 15.30)
Silver also accelerated the decline, despite attempts of correction.
- Resistance 1: From $ 15.40 (technical level)
- Resistance 2: From $ 15.50 (technical level)
- Support 1: From $ 15.20 (technical level)
- Support 2: From $ 15.10 (technical level)
Computer analysis: Movings indicators forex Stochastic Oscillator are in the oversold zone, indicating a limited decline.