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: $ 1217.00)
Gold is limited to correction at the beginning of the day, but retains a downward trend.
- Resistance 1: From $ 1220.00 (psychological level)
- Resistance 2: From $ 1226.00 (technical level)
- Support 1: From $ 1215.00 (technical level)
- Support 2: From $ 1211.00 (technical level)
Computer analysis: Movings Indicators forex Stochastic Oscilliator are in the neutral zone, indicating the formation of flat.
Silver chart (current price: $ 15.40)
Silver remains in a downward trend, keeping the potential for a decline.
- Resistance 1: From $ 15.50 (technical level)
- Resistance 2: From $ 15.60 (technical level)
- Support 1: From $ 15.30 (technical level)
- Support 2: From $ 15.20 (technical level)
Computer analysis: Movings Indicators forex Stochastic are in the neutral zone, thereby indicating a slowdown in decline.