Technical analysis of gold and silver (Andre Green) - Ester Holdings

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: $ 1190.00)


Gold remains in a downward trend after being repelled from the upper room of the trading channel.

  • Resistance 1: From $ 1195.00 (psychological level)
  • Resistance 2: From $ 1200.00 (technical level)
  • Support 1: From $ 1185.00 (technical level)
  • Support 2: From $ 1180.00 (psychological level)

Computer analysis: Movings indicators forex Stochastic Oscilliator are in the overbought zone, indicating a limited growth.

Silver chart (current price: $ 14.60)


Silver went to correction, but is limited to downward sentiment.

  • Resistance 1: From $ 14.80 (technical level)
  • Resistance 2: From $ 15.00 (psychological level)
  • Support 1: From $ 14.40 (technical level)
  • Support 2: From $ 14.20 (technical level)

Computer analysis: Movings indicators forex Stochastic Oscilliator are in the overbought zone, limiting growth.

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