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: $ 1193.00)
Gold accelerated growth on the weakness of the dollar, thereby remaining in the correction phase of a downtrend.
- Resistance 1: From $ 1200.00 (psychological level)
- Resistance 2: From $ 1210.00 (technical level)
- Support 1: From $ 1185.00 (technical level)
- Support 2: From $ 1175.00 (psychological level)
Computer analysis: Movings Indicators forex Stochastic Oscilliator are in the neutral zone, limiting the possibility of a decline.
Silver chart (current price: $ 14.80)
Silver also remains in flat, but keeps a downward dynamic.
- Resistance 1: From $ 15.00 (psychological level)
- Resistance 2: From $ 15.20 (technical level)
- Support 1: From $ 14.50 (technical level)
- Support 2: From $ 14.30 (technical level)
Computer analysis: Movings Indicators forex Stochastic Oscilliator are in the neutral zone, indicating the potential for decline.