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: $ 1344.00)


Gold continues to grow on political risk.

  • Resistance 1: From $ 1350.00 (technical level)
  • Resistance 2: From $ 1355.00 (psychological level)
  • Support 1: From $ 1340.00 (psychological level)
  • Support 2: From $ 1335.00 (technical level)

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

Silver chart (current price: $ 16.00)


Silver also turned to growth at risk, limited to overbought.

  • Resistance 1: From $ 16.10 (technical level)
  • Resistance 2: From $ 16.20 (psychological level)
  • Support 1: From $ 16.00 (technical level)
  • Support 2: From $ 15.90 (technical level)

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

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