Technical analysis of gold and silver (Andre Green)
Gold chart
Gold remains under pressure on the reduction of 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
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.