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: $ 1261.00)
Gold accelerated growth, thereby confirming the slowdown of the general downtrend.
- Resistance 1: From $ 1265.00 (technical level)
- Resistance 2: From $ 1270.00 (psychological level)
- Support 1: From $ 1250.00 (psychological level)
- Support 2: From $ 1245.00 (psychological level)
Computer analysis: Movings indicators forex Stochastic Oscilliator are in the overbought zone, which will limit the growth of gold.
Silver Chart (current price: $ 16.10)
Silver also accelerated growth, forming a corrective channel.
- Resistance 1: From $ 16.20 (technical level)
- Resistance 2: From $ 16.30 (technical level)
- Support 1: From $ 16.00 (psychological level)
- Support 2: From $ 15.80 (technical level)
Computer analysis: Movings indicators forex Stochastic Oscilliator are in the overbought zone, thereby limiting growth.