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: $ 1438.00)
Gold is under the pressure of correction after growth, but updated the the last months high, accelerating the upward trend.
- Resistance 1: From $ 1450.00 (psychological level)
- Resistance 2: From $ 1460.00 (psychological level)
- Support 1: From $ 1430.00 (psychological level)
- Support 2: From $ 1420.00 (psychological level)
Computer analysis: Movings indicators forex Stochastic Oscillator are in the neutral zone, indicating a limited decline.
Silver chart (current price: $ 16,400)
Silver has accelerated growth on the weakness of the American dollar, limited to overbought and trading channel.
- Resistance 1: From $ 16.50 (technical level)
- Resistance 2: From $ 16.60 (technical level)
- Support 1: From $ 16.30 (technical level)
- Support 2: From $ 16.20 (technical level)
Computer analysis: Movings indicators forex Stochastic Oscillator are in the neutral zone, indicating the limited growth.