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: $ 1295.00)


Gold is trading sideways, keeping the downtrend.

  • Resistance 1: From $ 1300.00 (psychological level)
  • Resistance 2: From $ 1305.00 (psychological level)
  • Support 1: From $ 1290.00 (psychological level)
  • Support 2: From $ 1285.00 (psychological level)

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

Silver chart (current price: $ 15.40)


Silver demonstrates attempts of growth on slowing down the downtrend.

  • Resistance 1: From $ 15.50 (technical level)
  • Resistance 2: From $ 15.60 (technical level)
  • Support 1: From $ 15.30 (technical level)
  • Support 2: From $ 15.20 (technical level)

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

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