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: $ 1422.00)


Gold continues to be restrained, keeping upward dynamics.

  • 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 overbought zone, indicating a limited growth.

Silver chart (current price: $ 16,490)


Silver maintains growth, limited to annual high.

  • Resistance 1: From $ 16.60 (technical level)
  • Resistance 2: From $ 16.70 (technical level)
  • Support 1: From $ 16.40 (technical level)
  • Support 2: From $ 16.30 (technical level)

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

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