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: $ 1541.00)


Gold slowed growth on optimism, returning to lateral dynamics below the psychological mark of 1550.00.

  • Resistance 1: From $ 1550.00 (psychological level)
  • Resistance 2: From $ 1560.00 (psychological level)
  • Support 1: From $ 1530.00 (psychological level)
  • Support 2: From $ 1520.00 (psychological level)

Computer analysis: Movings indicators forex Stochastic Oscillator are in the neutral zone, indicating a limited decline.

Silver chart (current price: $ 19.340)


Silver remains oversold, despite attempts of correction after growth.

  • Resistance 1: From $ 19.50 (technical level)
  • Resistance 2: From $ 19.70 (technical level)
  • Support 1: From $ 19.00 (technical level)
  • Support 2: From $ 18.80 (technical level)

Computer analysis: Movings indicators forex Stochastic Oscillator are in the neutral zone, indicating limited growth.

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