Technical analysis of gold and silver (Alexander Sivtsov)
Gold chart (current price: $ 1343.23)
Gold is traded below the zero mark during the Asian session.
- Resistance 1: From $ 1355.90 (April 18 maximum)
- Resistance 2: From $ 1365.24 (April 11 maximum)
- Support 1: From $ 1332.78 (April 13 minimum)
- Support 2: From $ 1321.00 (technical level)
Computer analysis: The movings of the forex indicator Stochastic Oscilliator on the chart H1 are in the neutral zone, against which the formation of consolidation of the price of gold is possible.
Silver chart (current price: $ 17.155)
Silver is traded with a minus during the Asian session.
- Resistance 1: From $ 17.40 (technical level)
- Resistance 2: From $ 17.60 (technical level)
- Support 1: From $ 17.00 (psychological level)
- Support 2: From $ 16.80 (technical level)
Computer analysis: The Stochastic Oscillator movings on the H1 chart is in the neutral zone, against which the continuation of the price movement of silver in a narrow range is possible.