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: $ 1297.00)
Gold broke the three-month descending channel on exacerbating the risks of trade opposition, having met with significant resistance at the level of 1300.00.
- Resistance 1: From $ 1300.00 (psychological level)
- Resistance 2: From $ 1305.00 (psychological level)
- Support 1: From $ 1290.00 (psychological level)
- Support 2: From $ 1285.00 (psychological level)
Computer analysis: Movings indicators forex Stochastic Oscillator are in the oversold zone, indicating a limited decline.
Silver chart (current price: $ 14,740)
Silver also slowed down the decline, but retains the downward trend.
- Resistance 1: From $ 14.80 (technical level)
- Resistance 2: From $ 14.90 (technical level)
- Support 1: From $ 14.60 (technical level)
- Support 2: From $ 14.50 (technical level)
Computer analysis: Movings indicators forex Stochastic Oscillator are in the neutral zone, indicating limited growth.