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: $ 1194.00)
Gold moved to the correction after the decline, but continues to maintain a downtrend.
- Resistance 1: From $ 1200.00 (psychological level)
- Resistance 2: From $ 1205.00 (technical level)
- Support 1: From $ 1190.00 (psychological level)
- Support 2: From $ 1185.00 (technical level)
Computer analysis: Movings indicators forex Stochastic Oscilliator are in the overbought zone, limiting the possibility of growth.
Silver chart (current price: $ 14.50)
Silver remains in an uptrend.
- Resistance 1: From $ 14.60 (technical level)
- Resistance 2: From $ 14.70 (technical level)
- Support 1: From $ 14.40 (technical level)
- Support 2: From $ 14.30 (technical level)
Computer analysis: Movings indicators forex Stochastic Oscilliator are in the neutral zone, indicating that growth is limited.