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, leaving doubt on the safety of the downward dynamics.
- Resistance 1: From $ 1235.00 (technical level)
- Resistance 2: From $ 1240.00 (psychological level)
- Support 1: From $ 1225.00 (technical level)
- Support 2: From $ 1220.00 (psychological level)
Computer analysis: Movings indicators forex Stochastic Oscillator are in the oversold zone, which confirms the market’s intentions to reverse the downward dynamics.
Silver Chart (current price: $ 15.50)
Silver also went on to increase the pressure drop on the part of the American, but is limited to a downward trend.
- Resistance 1: From $ 15.70 (technical level)
- Resistance 2: From $ 15.80 (technical level)
- Support 1: From $ 15.40 (technical level)
- Support 2: From $ 15.30 (technical level)
Computer analysis: Movings indicators forex Stochastic Oscillator are in the neutral zone, which preserves uncertainty.