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: $ 1493.00)
Gold shows a restrained upward trend in the correction after a decrease and an increase in uncertainty, limited by a downward trend.
- 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 overbought zone, indicating limited growth.
Silver chart (current price: $ 17.900)
Silver gained support on the weakening of the American dollar, as part of the general dynamics.
- Resistance 1: From $ 18.100 (technical level)
- Resistance 2: From $ 18.300 (technical level)
- Support 1: From $ 17.700 (technical level)
- Support 2: From $ 17.500 (technical level)
Computer analysis: Movings indicators forex Stochastic Oscillator are in the neutral zone, indicating limited growth.