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: $ 1392.00)
Gold is trading with a strengthening on correction, keeping pressure on reducing the risks of a trade war, while maintaining a general uptrend.
- Resistance 1: From $ 1400.00 (psychological level)
- Resistance 2: From $ 1410.00 (psychological level)
- Support 1: From $ 1380.00 (psychological level)
- Support 2: From $ 1370.00 (psychological level)
Computer analysis: Movings indicators forex Stochastic Oscillator are in the overbought zone, indicating the limited growth.
Silver chart (current price: $ 15.170)
Silver keeps the downward trend on correction, limited to uncertainty and the general uptrend.
- Resistance 1: From $ 15.30 (technical level)
- Resistance 2: From $ 15.40 (technical level)
- Support 1: From $ 15.10 (technical level)
- Support 2: From $ 15.00 (technical level)
Computer analysis: Movings indicators forex Stochastic Oscillator are in a neutral overbought zone, indicating a limited growth.