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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: $ 1187.00)
Gold accelerated the decline on the growth of the dollar, confirming the safety of the downward dynamics.
- Resistance 1: From $ 1200.00 (psychological level)
- Resistance 2: From $ 1205.00 (technical level)
- Support 1: From $ 1185.00 (technical level)
- Support 2: From $ 1180.00 (psychological level)
Computer analysis: Movings indicators forex Stochastic Oscilliator are in the oversold zone, indicating a limited reduction.
Silver chart (current price: $ 17.90)
Silver also remains under pressure on the growth of the American dollar, thereby indicating the safety of the downward trend.
- Resistance 1: From $ 15.00 (technical level)
- Resistance 2: From $ 15.20 (technical level)
- Support 1: From $ 14.80 (technical level)
- Support 2: From $ 14.70 (technical level)
Computer analysis: Movings Indicators forex Stochastic are in the oversold zone, indicating a limited reduction.