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: $ 1490.00)


Gold is showing restrained attempts of growth on uncertainty, limiting itself to a downtrend.

  • Resistance 1: From $ 1500.00 (psychological level)
  • Resistance 2: From $ 1510.00 (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: $ 17.410)


Silver is traded with restraint, limited by a downtrend.

  • Resistance 1: From $ 17.500 (technical level)
  • Resistance 2: From $ 17.700 (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 limited growth.

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