Technical analysis of gold and silver (Andre Green) - Ester Holdings

Technical analysis of gold and silver (Andre Green)

Gold Chart (current price: $ 1296.00)


Gold is traded with a slight decrease, despite the growth of risks, but is limited in reducing the lower boundary of the upward channel.

  • Resistance 1: From $ 1300.00 (psychological level)
  • Resistance 2: From $ 1305.00 (local maximum)
  • Support 1: From $ 1291.00 (technical level)
  • Support 2: From $ 1287.00 (technical level)

Computer analysis: The movings of the Stochastic Oscillator forex indicator are in the neutral zone after updating the minimum, which can serve as a signal for strengthening.

Silver Chart (current price: $ 16.60)


Silver also weakened, despite the growth of risks, thereby breaking off from the upper boundary of the upward channel.

  • Resistance 1: From $ 16.70 (technical level)
  • Resistance 2: From $ 16.90 (maximum of recent weeks)
  • Support 1: From $ 16.50 (technical level)
  • Support 2: From $ 16.30 (technical level)

Computer analysis: The movings of the Stochastic Oscillator forex indicator are in the neutral zone on the preservation of uncertainty.

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