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: $ 1201.00)
Gold continues to trade in the side triangle, thereby forming a flat.
- Resistance 1: From $ 1205.00 (technical level)
- Resistance 2: From $ 1210.00 (technical level)
- Support 1: From $ 1195.00 (psychological level)
- Support 2: From $ 1190.00 (technical level)
Computer analysis: Movings indicators forex Stochastic Oscilliator are in the overbought zone, indicating a limited growth.
Silver chart (current price: $ 14.50)
Silver broke general downtrend on correction, while it is limited to overbought.
- Resistance 1: From $ 14.60 (technical level)
- Resistance 2: From $ 14.70 (technical level)
- Support 1: From $ 14.30 (technical level)
- Support 2: From $ 14.20 (psychological level)
Computer analysis: Movings indicators forex Stochastic Oscilliator are in the overbought zone, indicating a limited growth.