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: $ 1436.10)
Gold returned to growth on exacerbating tensions in the trade war, limiting itself to overbought and recent highs.
- 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 limited growth.
Silver chart (current price: $ 16.130)
Silver remains under pressure of correction, limited to oversold.
- Resistance 1: From $ 16.30 (technical level)
- Resistance 2: From $ 16.40 (technical level)
- Support 1: From $ 16.00 (technical level)
- Support 2: From $ 15.90 (technical level)
Computer analysis: Movings indicators forex Stochastic Oscillator are in the oversold zone, indicating a limited decline.