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: $ 1286.00)
Gold maintains an upward trend, despite the overbought because of investors flight from risk.
- Resistance 1: From $ 1295.00 (psychological level)
- Resistance 2: From $ 1300.00 (technical level)
- Support 1: From $ 1280.00 (technical level)
- Support 2: From $ 1275.00 (psychological level)
Computer analysis: Movings indicators forex indicator Stochastic Oscillator are in the neutral zone, indicating attempts of correction.
Silver chart (current price: $ 15.60)
Silver also shows growth on investors flight from risk.
- Resistance 1: From $ 15.70 (technical level)
- Resistance 2: From $ 15.80 (technical level)
- Support 1: From $ 15.40 (technical level)
- Support 2: From $ 15.30 (technical level)
Computer analysis: Movings indicators forex indicator Stochastic Oscillator are in the neutral zone, indicating a correction.