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: $ 1253.00)
Gold went to correction after rapid growth.
- Resistance 1: From $ 1260.00 (psychological level)
- Resistance 2: From $ 1265.00 (technical level)
- Support 1: From $ 1240.00 (psychological level)
- Support 2: From $ 1235.00 (technical level)
Computer analysis: Movings Indicators forex Stochastic Oscilliator are in the oversold zone, which can limit the decline of the asset.
Silver Chart (current price: $ 16.00)
Silver also turned out to be under pressure of correction, but noticeably slowed down.
- Resistance 1: From $ 16.10 (technical level)
- Resistance 2: From $ 16.20 (technical level)
- Support 1: From $ 15.90 (technical level)
- Support 2: From $ 15.80 (technical level)
Computer analysis: Movings Indicators forex Stochastic Oscilliator are in the neutral zone, unloading the overbought silver after growth.