Technical analysis of gold and silver (Andre Green) - Ester Holdings

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: $ 1405.00)


Gold is trading with a strengthening on the correction and increasing risks. But it remains sandwiched between two trends.

  • Resistance 1: From $ 1425.00 (psychological level)
  • Resistance 2: From $ 1435.00 (psychological level)
  • Support 1: From $ 1410.00 (psychological level)
  • Support 2: From $ 1400.00 (psychological level)

Computer analysis: Movings indicators forex Stochastic Oscillator are in the overbought zone, indicating the limited growth.

Silver chart (current price: $ 15.080)


Silver has accelerated growth on the correction and risk, limited to the downward trend.

  • Resistance 1: From $ 15.20 (technical level)
  • Resistance 2: From $ 15.30 (technical level)
  • Support 1: From $ 15.00 (technical level)
  • Support 2: From $ 14.90 (technical level)

Computer analysis: Movings indicators forex Stochastic Oscillator are in the overbought zone, indicating a limited growth.

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