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: $ 1294.00)


Gold remains under the pressure of correction, but retains the potential for growth on risks.

  • Resistance 1: From $ 1300.00 (psychological level)
  • Resistance 2: From $ 1305.00 (technical level)
  • Support 1: From $ 1290.00 (psychological level)
  • Support 2: From $ 1285.00 (technical level)

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

Silver chart (current price: $ 15.70)


Silver maintains a restrained upward trend, limited to an uptrend.

  • Resistance 1: From $ 15.80 (technical level)
  • Resistance 2: From $ 15.90 (technical level)
  • Support 1: From $ 15.50 (technical level)
  • Support 2: From $ 15.40 (technical level)

Computer analysis: Movings indicators forex indicator Stochastic Oscillator are in the neutral zone, indicating a limited decline.

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