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: $ 1505.00)
Gold shows a restrained upward trend on the correction after a decline in the growth of negative sentiment.
- Resistance 1: From $ 1510.00 (psychological level)
- Resistance 2: From $ 1520.00 (psychological level)
- Support 1: From $ 1490.00 (psychological level)
- Support 2: From $ 1480.00 (psychological level)
Computer analysis: Movings indicator forex Stochastic Oscillator are in the overbought zone, indicating limited growth.
Silver chart (current price: $ 18.100)
Silver gained a support on the weakening of the American dollar and the risks, as part of the overall upward trend.
- Resistance 1: From $ 18.200 (technical level)
- Resistance 2: From $ 18.500 (technical level)
- Support 1: From $ 17.800 (technical level)
- Support 2: From $ 17.600 (technical level)
Computer analysis: Movings indicator forex Stochastic Oscillator are in the overbought zone, indicating limited growth.