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: $ 1234.00)


Gold is moving in a restrained uptrend, limited to flat.

  • Resistance 1: From $ 1240.00 (psychological level)
  • Resistance 2: From $ 1245.00 (technical level)
  • Support 1: From $ 1225.00 (psychological level)
  • Support 2: From $ 1220.00 (technical level)

Computer analysis: Movings indicators forex Stochastic Oscilliator are in the overbought zone, indicating the limited growth.

Silver  chart (current price: $ 14.60)


Silver remains under correction pressure, but retains an uptrend.

  • Resistance 1: From $ 14.80 (technical level)
  • Resistance 2: From $ 14.90 (technical level)
  • Support 1: From $ 14.50 (technical level)
  • Support 2: From $ 14.40 (technical level)

Computer analysis: Movings indicators forex Stochastic Oscilliator are in the neutral zone maintaining the potential to decrease.

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