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: $ 1212.00)


Gold slowed down the decline on the weakness of the American dollar and forms a reversal.

  • Resistance 1: From $ 1215.00 (technical level)
  • Resistance 2: From $ 1220.00 (technical level)
  • Support 1: From $ 1205.00 (technical level)
  • Support 2: From $ 1200.00 (technical level)

Computer analysis: Movings indicators forex Stochastic Oscilliator are in the neutral zone, keeping the potential for growth.

Silver chart (current price: $ 15.40)


Silver also slowed the decline, remaining in flat.

  • Resistance 1: From $ 15.60 (technical level)
  • Resistance 2: From $ 15.70 (technical level)
  • Support 1: From $ 15.30 (technical level)
  • Support 2: From $ 15.20 (technical level)

Computer analysis: Movings Indicators forex Stochastic are in the neutral zone, indicating the potential for decline.

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