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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: $ 1500.00)
Gold is trading near a significant psychological level, after reducing the risks of a trade war.
- Resistance 1: From $ 1520.00 (psychological level)
- Resistance 2: From $ 1530.00 (psychological level)
- Support 1: From $ 1480.00 (psychological level)
- Support 2: From $ 1470.00 (psychological level)
Computer analysis: Movings indicators forex Stochastic Oscillator are in the neutral zone, indicating a limited decline.
Silver chart (current price: $ 17.030)
Silver slowed growth on risk reduction, limited by lateral dynamics.
- Resistance 1: From $ 17.20 (technical level)
- Resistance 2: From $ 17.50 (technical level)
- Support 1: From $ 16.80 (technical level)
- Support 2: From $ 16.50 (technical level)
Computer analysis: Movings indicators forex Stochastic Oscillator are in the overbought zone, indicating limited growth.