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: $ 1506.00)


Gold returned to growth on exacerbation of risks in the Middle East, slowing down the downward trend and maintaining a general upward channel.

  • 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: $ 17.900)


Silver shows growth on exacerbation of risks, maintaining the downward trend in recent weeks.

  • Resistance 1: From $ 18.20 (technical level)
  • Resistance 2: From $ 18.40 (technical level)
  • Support 1: From $ 17.60 (technical level)
  • Support 2: From $ 17.40 (technical level)

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

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