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: $ 1411.00)


Gold moves with a strengthening on the correction after the decline, while maintaining general upward trend and restrained dynamics.

  • Resistance 1: From $ 1420.00 (psychological level)
  • Resistance 2: From $ 1430.00 (psychological level)
  • Support 1: From $ 1400.00 (psychological level)
  • Support 2: From $ 1390.00 (psychological level)

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

Silver chart (current price: $ 15.170)


Silver remains limited to the downward trend, despite attempts to resume the upward movement.

  • Resistance 1: From $ 15.20 (technical level)
  • Resistance 2: From $ 15.30 (technical level)
  • Support 1: From $ 15.000 (technical level)
  • Support 2: From $ 14.90 (technical level)

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

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