Technical analysis of gold and silver (Andre Green)
Gold chart (current price: $ 1291.00)
Gold remains under pressure, reducing risks.
- Resistance 1: From $ 1395.00 (technical level)
- Resistance 2: From $ 1300.00 (psychological level)
- Support 1: From $ 1288.00 (technical level)
- Support 2: From $ 1285.00 (technical level)
Computer analysis: The Stochastic Oscillator movings are in the neutral zone, keeping the potential for decline, which can be limited to the lows of Friday.
Silver chart (current price: $ 16.40)
Silver is traded in the range of Friday, limited to an uptrend.
- Resistance 1: From $ 16.50 (technical level)
- Resistance 2: From $ 16.70 (technical level)
- Support 1: From $ 16.30 (technical level)
- Support 2: From $ 16.20 (May minimum)
Computer analysis: The Stochastic Oscillator movings are in the neutral zone, limited to an uptrend.