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 Chart (current price: $ 1256.00)


Gold keeps lateral dynamics on uncertainty.

  • Resistance 1: From $ 1260.00 (psychological level)
  • Resistance 2: From $ 1265.00 (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 overbought zone, which indicates a tendency to decrease the value of gold.

Silver Chart (current price: $ 16.00)


Silver also retains lateral dynamics in terms of ambiguity, while limiting itself to the lower boundary of the upward channel.

  • Resistance 1: From $ 16.10 (technical level)
  • Resistance 2: From $ 16.20 (technical level)
  • Support 1: From $ 15.90 (technical level)
  • Support 2: From $ 15.80 (technical level)

Computer analysis: Movings indicators forex Stochastic Oscilliator are in the overbought zone, limiting growth.

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