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: $ 1205.00)


Gold resumed a decline on the overall growth of the US dollar, while it is limited to annual lows.

  • Resistance 1: From $ 1215.00 (technical level)
  • Resistance 2: From $ 1220.00 (technical level)
  • Support 1: From $ 1200.00 (psychological level)
  • Support 2: From $ 1195.00 (technical level)

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

Silver chart (current price: $ 15.30)


Silver also appeared under pressure on the growth of the American dollar, thereby indicating a return to the downtrend.

  • Resistance 1: From $ 15.40 (technical level)
  • Resistance 2: From $ 15.50 (technical level)
  • Support 1: From $ 15.20 (technical level)
  • Support 2: From $ 15.10 (technical level)

Computer Analysis: Movings Indicators forex Stochastic are in the neutral zone, indicating the preservation of the potential to decline.

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