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: $ 1,501.70)
Gold continues to trade near annual highs on risks.
- Resistance 1: From $ 1520.00 (psychological level)
- Resistance 2: From $ 1530.00 (psychological level)
- Support 1: From $ 1490.00 (psychological level)
- Support 2: From $ 1480.00 (psychological level)
Computer analysis: Movings indicator forex Stochastic Oscillator are in the neutral zone, indicating a limited decline.
Silver chart (current price: $ 16.990)
Silver retains upward dynamics despite attempts of correction.
- Resistance 1: From $ 17.20 (technical level)
- Resistance 2: From $ 17.40 (technical level)
- Support 1: From $ 16.80 (technical level)
- Support 2: From $ 16.60 (technical level)
Computer analysis: Movings indicator forex Stochastic Oscillator are in the neutral zone, indicating a limited decline.