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: $ 1506.00)
Gold has gained support on the risks of a worsening trade war, but continues to be limited by a downtrend.
- 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 a limited decline.
Silver chart (current price: $ 17.710)
Silver slowed down, despite the risks remaining, limiting itself to a downtrend.
- Resistance 1: From $ 18.000 (technical level)
- Resistance 2: From $ 18.200 (technical level)
- Support 1: From $ 17.600 (technical level)
- Support 2: From $ 17.400 (technical level)
Computer analysis: Movings indicators forex Stochastic Oscillator are in the neutral zone, indicating a limited decline.