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: $ 1466.00)
Gold remains under the pressure of correction after growth and increased optimism, thereby forming lateral dynamics.
- Resistance 1: From $ 1475.00 (psychological level)
- Resistance 2: From $ 1480.00 (psychological level)
- Support 1: From $ 1460.00 (psychological level)
- Support 2: From $ 1450.00 (psychological level)
Computer analysis: Movings indicators forex Stochastic Oscillator are in the oversold zone, indicating a limited decline.
Silver chart (current price: $ 17.000)
Silver preserves the lateral channel, limiting itself to attempts of correction after growth.
- Resistance 1: From $ 17.200 (technical level)
- Resistance 2: From $ 17.400 (technical level)
- Support 1: From $ 16.600 (technical level)
- Support 2: From $ 16.400 (technical level)
Computer analysis: Movings indicators forex Stochastic Oscillator are in the neutral zone, indicating a limited decline.