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: $ 1498.00)


Gold remains under the pressure of the dollar, limiting itself to lateral dynamics and slowing down the general uptrend.

  • 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 limited growth.

Silver chart (current price: $ 17.840)


Silver restrained in a downward channel, while retaining the ability to form an upward reversal.

  • Resistance 1: From $ 18.20 (technical level)
  • Resistance 2: From $ 18.40 (technical level)
  • Support 1: From $ 17.60 (technical level)
  • Support 2: From $ 17.40 (technical level)

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

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