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: $ 1508.00)
Gold remains under the pressure of optimism, forming a downward trend.
- Resistance 1: From $ 1530.00 (psychological level)
- Resistance 2: From $ 1540.00 (psychological level)
- Support 1: From $ 1500.00 (psychological level)
- Support 2: From $ 1490.00 (psychological level)
Computer analysis: Movings indicators forex Stochastic Oscillator are in the neutral zone, indicating limited growth.
Silver chart (current price: $ 18.130)
Silver remains under the pressure of correction after growth and risk reduction, as a result of which it returned to the upward trading channel.
- Resistance 1: From $ 18.40 (technical level)
- Resistance 2: From $ 18.60 (technical level)
- Support 1: From $ 17.80 (technical level)
- Support 2: From $ 17.60 (technical level)
Computer analysis: Movings indicators forex Stochastic Oscillator are in the overbought zone, indicating limited growth.