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: $ 1466.00)
Gold shows a moderate correction after the decline, limited by a downtrend.
- Resistance 1: From $ 180.00 (psychological level)
- Resistance 2: From $ 1490.00 (psychological level)
- Support 1: From $ 1460.00 (psychological level)
- Support 2: From $ 1450.00 (psychological level)
Computer analysis: Movings indicators forex Stochastic Oscillator are in the neutral zone, indicating a limited decline.
Silver chart (current price: $ 17.100)
Silver remains under the pressure despite attempts of correction.
- Resistance 1: From $ 17,200 (technical level)
- Resistance 2: From $ 17,400 (technical level)
- Support 1: From $ 16.800 (technical level)
- Support 2: From $ 16.600 (technical level)
Computer analysis: Movings indicators forex Stochastic Oscillator are in the neutral zone, indicating limited growth.