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: $ 1491.00)
Gold remains restrained at the beginning of the week, limited to a common downward channel.
- Resistance 1: From $ 1500.00 (psychological level)
- Resistance 2: From $ 1510.00 (psychological level)
- Support 1: From $ 1480.00 (psychological level)
- Support 2: From $ 1470.00 (psychological level)
Computer analysis: Movings indicators forex Stochastic Oscillator are in the neutral zone, indicating a limited decline.
Silver chart (current price: $ 17.700)
Silver received a support at the start of the day, which slowed down the downtrend, but continues to remain under the pressure.
- Resistance 1: From $ 17.800 (technical level)
- Resistance 2: From $ 18.000 (technical level)
- Support 1: From $ 17.500 (technical level)
- Support 2: From $ 17.300 (technical level)
Computer analysis: Movings indicators forex Stochastic Oscillator are in the neutral zone, indicating limited growth.