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: $ 1194.00)
Gold accelerated the decline, thereby confirming the downtrend on the exit from the flat, while maintaining the potential to decline after correction.
- Resistance 1: From $ 1200.00 (psychological level)
- Resistance 2: From $ 1205.00 (technical level)
- Support 1: From $ 1190.00 (technical level)
- Support 2: From $ 1185.00 (technical level)
Computer analysis: Movings indicators forex Stochastic Oscilliator are in the neutral zone, indicating a limited growth.
Silver chart (current price: $ 15.30)
Silver also appeared under pressure on the growth of the American dollar, thereby indicating a return to the downtrend.
- Resistance 1: From $ 15.40 (technical level)
- Resistance 2: From $ 15.50 (technical level)
- Support 1: From $ 15.20 (technical level)
- Support 2: From $ 15.10 (technical level)
Computer analysis: Movings Indicators forex Stochastic are in the neutral zone, indicating the preservation of the potential to decline.