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: $ 1215.00)


Gold maintains a restrained upward dynamics on the resumption of an uptrend.

  • Resistance 1: From $ 1220.00 (technical level)
  • Resistance 2: From $ 1225.00 (psychological level)
  • Support 1: From $ 1210.00 (psychological level)
  • Support 2: From $ 1205.00 (technical level)

Computer analysis: Movings indicators forex Stochastic Oscilliator are in the neutral zone, indicating the possibility of growth.

Silver chart (current price: $ 14.20)


Silver also returned to growth, on attempts to return to the upward channel.

  • Resistance 1: From $ 14.40 (technical level)
  • Resistance 2: From $ 14.50 (technical level)
  • Support 1: From $ 14.10 (technical level)
  • Support 2: From $ 14.00 (psychological level)

Computer analysis: Movings indicators forex Stochastic Oscilliator are in the oversold zone, indicating a limited decline.

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