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: $ 1230.00)
Gold continues to show growth in saving risks and weakness of the American dollar.
- Resistance 1: From $ 1235.00 (psychological level)
- Resistance 2: From $ 1240.00 (technical level)
- Support 1: From $ 1220.00 (psychological level)
- Support 2: From $ 1215.00 (technical level)
Computer analysis: Movings indicators forex Stochastic Oscilliator are in the overbought zone, limiting the possibility of further growth.
Silver chart (current price: $ 14.70)
Silver maintains a restraining uptrend, on the weakness of the dollar.
- Resistance 1: From $ 14.80 (technical level)
- Resistance 2: From $ 14.90 (technical level)
- Support 1: From $ 14.60 (technical level)
- Support 2: From $ 14.50 (technical level)
Computer analysis: Movings indicators forex Stochastic Oscilliator are in the overbought zone, indicating a limited growth.