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: $ 1,503.00)
Gold returned to growth on the correction and lower optimism in the market, confirming the general uptrend.
- Resistance 1: From $ 1520.00 (psychological level)
- Resistance 2: From $ 1530.00 (psychological level)
- Support 1: From $ 1490.00 (psychological level)
- Support 2: From $ 1480.00 (psychological level)
Computer analysis: Movings indicators forex Stochastic Oscillator are in the neutral zone, indicating limited growth.
Silver chart (current price: $ 18.160)
Silver is showing moderate growth on the backside of support, maintaining an uptrend, but limiting it to overbought.
- 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.