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: $ 1501.00)
Gold accelerated the decline at the start of the day on the growth of optimism and maintaining a downward trend.
- 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 oversold zone, indicating a limited decline.
Silver chart (current price: $ 17.450)
Silver continues to trade in a flat, maintaining a downtrend and indicating the possibility of a resumption of decline.
- Resistance 1: From $ 17.800 (technical level)
- Resistance 2: From $ 18.000 (technical level)
- Support 1: From $ 17.200 (technical level)
- Support 2: From $ 17.000 (technical level)
Computer analysis: Movings indicators forex Stochastic Oscillator are in the neutral zone, indicating a limited decline.