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: $ 1241.00)
Gold remains under pressure from a growing US dollar, thereby confirming the safety of the downtrend.
- Resistance 1: From $ 1255.00 (technical level)
- Resistance 2: From $ 1260.00 (psychological level)
- Support 1: From $ 1240.00 (psychological level)
- Support 2: From $ 1235.00 (technical level)
Computer analysis: Movings indicators forex Stochastic Oscilliator are in the oversold zone, thereby limiting the decline.
Silver Chart (current price: $ 15.80)
Silver also turned out to be under pressure, but limited to the lows of the month.
- Resistance 1: From $ 16.10 (technical level)
- Resistance 2: From $ 16.20 (technical level)
- Support 1: From $ 15.80 (technical level)
- Support 2: From $ 15.70 (technical level)
Computer analysis: Movings indicators forex Stochastic Oscilliator are in the oversold zone, limiting the decline.