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: $ 1224.00)
Gold moved to a correction on the weakness of the US dollar, thereby forming a “double bottom”.
- Resistance 1: From $ 1230.00 (psychological level)
- Resistance 2: From $ 1235.00 (technical level)
- Support 1: From $ 1220.00 (psychological level)
- Support 2: From $ 1215.00 (technical level)
Computer analysis: Movings indicators forex Stochastic Oscilliator are in the overbought zone, which can limit the growth of gold.
Silver Chart (current price: $ 15.40)
Silver also went to growth on the reduction of pressure from the American dollar.
- Resistance 1: From $ 15.60 (psychological level)
- Resistance 2: From $ 15.70 (technical level)
- Support 1: From $ 15.40 (technical level)
- Support 2: From $ 15.30 (technical level)
Computer analysis: Movings indicators forex Stochastic Oscilliator are in the overbought zone, which limits the growth of the asset.