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: $ 1224.00)


Gold went to correction, keeping downward dynamics.

  • Resistance 1: From $ 1230.00 (psychological level)
  • Resistance 2: From $ 1235.00 (technical level)
  • Support 1: From $ 1220.00 (psychological level)
  • Support 2: From $ 1215.00 (technical level)

Computer analysis: Movings indicators forex Stochastic Oscilliator are in the neutral zone, which may serve as a reason for the resistance test.

Silver Chart (current price: $ 15.40)


Silver also went to correction, but is limited to a downward trend.

  • Resistance 1: From $ 15.60 (technical level)
  • Resistance 2: From $ 15.70 (technical level)
  • Support 1: From $ 15.20 (technical level)
  • Support 2: From $ 15.10 (technical level)

Computer analysis: Movings indicators forex Stochastic Oscilliator are in the neutral zone, which preserves uncertainty.

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