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: $ 1540.00)


Gold maintains an upward dynamics, limiting itself to attempts of correction and recent highs.

  • Resistance 1: From $ 1550.00 (psychological level)
  • Resistance 2: From $ 1560.00 (psychological level)
  • Support 1: From $ 1530.00 (psychological level)
  • Support 2: From $ 1520.00 (psychological level)

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

Silver chart (current price: $ 18.300)


Silver after rapid growth is limited by overbought and uptrend boundaries.

  • Resistance 1: From $ 18.40 (technical level)
  • Resistance 2: From $ 18.60 (technical level)
  • Support 1: From $ 18.00 (technical level)
  • Support 2: From $ 17.80 (technical level)

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

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