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: $ 1241.00)


Gold is traded with a slight strengthening on the weakness of the American dollar, thereby adjusting after updating the next low.

  • 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 neutral zone, indicating the limited growth of gold.

Silver Chart (current price: $ 15.80)


Silver retains a downward trend, despite attempts at correction.

  • Resistance 1: From $ 16.00 (psychological level)
  • Resistance 2: From $ 16.10 (technical level)
  • Support 1: From $ 15.70 (technical level)
  • Support 2: From $ 15.60 (technical level)

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

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