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: $ 1243.00)
Gold after the next update of the lows went to correction on the decline of the American dollar.
- Resistance 1: From $ 1250.00 (psychological level)
- Resistance 2: From $ 1255.00 (technical level)
- Support 1: From $ 1240.00 (psychological level)
- Support 2: From $ 1235.00 (technical level)
Computer analysis: Movings indicators forex Stochastic Oscilliator are in the zone of easy overbought, indicating the limited growth and safety of the downward trend.
Silver Chart (current price: $ 15.90)
Silver also accelerated growth on the weakness of the dollar, but is limited to overbought.
- Resistance 1: From $ 16.00 (psychological level)
- Resistance 2: From $ 16.10 (technical level)
- Support 1: From $ 15.80 (technical level)
- Support 2: From $ 15.70 (technical level)
Computer analysis: Movings indicators forex Stochastic Oscilliator are in the overbought zone, indicating the limitations of further movement.