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: $ 1497.00)
Gold demonstrates attempts to correct after a decline, limiting itself to a weekly lateral dynamics.
- Resistance 1: From $ 1505.00 (psychological level)
- Resistance 2: From $ 1515.00 (psychological level)
- Support 1: From $ 1485.00 (psychological level)
- Support 2: From $ 1475.00 (psychological level)
Computer analysis: Movings indicators forex Stochastic Oscillator are in the overbought zone, indicating limited growth.
Silver chart (current price: $ 17.730)
Silver remains under the pressure of a two-week downtrend.
- Resistance 1: From $ 17.90 (technical level)
- Resistance 2: From $ 18.10 (technical level)
- Support 1: From $ 17.50 (technical level)
- Support 2: From $ 17.30 (technical level)
Computer analysis: Movings indicators forex Stochastic Oscillator are in the neutral zone, indicating limited growth.