Technical analysis of gold and silver (Alexander Sivtsov)
Gold chart (current price: $ 1255.70)
Gold is trading with a small plus during the Asian session.
- Resistance 1: From $ 1268.90 (December 6 maximum)
- Resistance 2: From $ 1277.00 (December 5 maximum)
- Support 1: From $ 1236.20 (technical level)
- Support 2: From $ 1228.50 (technical level)
Computer analysis: The Stochastic Oscillator movings on the charts of H1 and H4 are in the neutral zone, the consolidation of the price of gold is possible.
Silver chart (current price: $ 15.88)
Silver is trading with a plus during the Asian session.
- Resistance 1: From $ 16.10 (December 13 maximum)
- Resistance 2: From $ 16.30 (technical level)
- Support 1: From $ 15.57 (December 12 minimum)
- Support 2: From $ 15.42 (July 11 minimum)
Computer analysis: The Stochastic Oscillator movings on the charts of H1 and H4 are in the neutral zone, the formation of the consolidation of the silver price is possible.