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: $ 1257.00)
Gold broke the downtrend, but is limited to overbought.
- Resistance 1: From $ 1260.00 (psychological level)
- Resistance 2: From $ 1265.00 (technical level)
- Support 1: From $ 1240.00 (psychological level)
- Support 2: From $ 1235.00 (technical level)
Computer analysis: Movings indicators forex Stochastic Oscilliator are in the neutral zone, indicating the formation of the upward dynamics.
Silver Chart (current price: $ 16.00)
Silver also accelerated growth on the weakness of the dollar, but is limited to overbought.
- 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 are in the neutral zone, indicating the formation of a divergence.