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.
Gold Chart (current price: $ 1247.00)
Gold was under pressure at the beginning of the day on the growth of the US dollar, but at the same time it is limited to a lateral trend, which may indicate the formation of the day.
- Resistance 1: From $ 1255.00 (technical level)
- Resistance 2: From $ 1260.00 (psychological level)
- Support 1: From $ 1245.00 (technical level)
- Support 2: From $ 1240.00 (psychological level)
Computer analysis: Movings indicators forex Stochastic Oscilliator are in the oversold zone, which confirms the limitation of further decline.
Silver Chart (current price: $ 15.90)
Silver also accelerated the decline on the growth of the dollar, but is limited to oversold.
- Resistance 1: From $ 16.10 (technical level)
- Resistance 2: From $ 16.20 (technical level)
- Support 1: From $ 15.90 (technical level)
- Support 2: From $ 15.80 (technical level)
Computer analysis: Movings indicators forex Stochastic Oscilliator forex are in the oversold zone, indicating the limitation of further decline.