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: $ 1499.00)


Gold remains under the pressure on the growth of optimism, forming a side channel.

  • Resistance 1: From $ 1520.00 (psychological level)
  • Resistance 2: From $ 1540.00 (psychological level)
  • Support 1: From $ 1490.00 (psychological level)
  • Support 2: From $ 1470.00 (psychological level)

Computer analysis: Movings indicators forex Stochastic Oscillator are in the oversold zone, indicating a limited decline.

Silver chart (current price: $ 16.900)


Silver slowed growth on risk reduction, limited by lateral dynamics and an uptrend.

  • Resistance 1: From $ 17.20 (technical level)
  • Resistance 2: From $ 17.50 (technical level)
  • Support 1: From $ 16.80 (technical level)
  • Support 2: From $ 16.60 (technical level)

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

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