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 сhart (current price: $ 1213.00)


Gold has the potential to decline after yesterday’s collapse on the growth of the American dollar.

  • Resistance 1: From $ 1220.00 (psychological level)
  • Resistance 2: From $ 1225.00 (technical level)
  • Support 1: From $ 1210.00 (psychological level)
  • Support 2: From $ 1200.00 (psychological level)

Computer analysis: Movings indicators forex Stochastic Oscilliator are in the neutral zone, indicating the possibility of a decline.

Silver chart (current price: $ 14.10)


Silver shows a decline on the downward dynamics.

  • Resistance 1: From $ 14.30 (technical level)
  • Resistance 2: From $ 14.40 (technical level)
  • Support 1: From $ 14.00 (psychological level)
  • Support 2: From $ 13.90 (technical level)

Computer analysis: Movings indicators forex Stochastic Oscilliator are in the neutral zone, indicating the potential for decline.

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