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: $ 1418.80)


Gold continues to trade with a slowdown in growth, forming a side triangle.

  • 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: $ 16.350)


Silver remains under the pressure of correction, forming a flat.

  • Resistance 1: From $ 16.50 (technical level)
  • Resistance 2: From $ 16.60 (technical level)
  • Support 1: From $ 16.30 (technical level)
  • Support 2: From $ 16.20 (technical level)

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

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