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: $ 1422.00)
Gold moves in a flat at the beginning of the day on correction after growth, keeping an upward impulse on the dollar weakness.
- Resistance 1: From $ 1430.00 (psychological level)
- Resistance 2: From $ 1440.00 (psychological level)
- Support 1: From $ 1410.00 (psychological level)
- Support 2: From $ 1400.00 (psychological level)
Computer analysis: Movings indicators forex Stochastic Oscillator are in the neutral zone, indicating a limited decline.
Silver chart (current price: $ 15.270)
Silver is limited by a downward trend, despite attempts to resume an uptrend.
- Resistance 1: From $ 15.30 (technical level)
- Resistance 2: From $ 15.40 (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 neutral zone, indicating limited growth.