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: $ 1188.00)
Gold accelerated growth on maintaining optimistic sentiment and overall correction after the decline.
- Resistance 1: From $ 1192.00 (psychological level)
- Resistance 2: From $ 1198.00 (technical level)
- Support 1: From $ 1180.00 (psychological level)
- Support 2: From $ 1173.00 (psychological level)
Computer analysis: Movings indicators forex Stochastic Oscilliator are in the zone of easy overbought, limiting significant growth.
Silver chart (current price: $ 14.80)
Silver also remains in the correction phase, but retains a downward trend.
- Resistance 1: From $ 15.00 (psychological level)
- Resistance 2: From $ 15.20 (technical level)
- Support 1: From $ 14.60 (technical level)
- Support 2: From $ 14.40 (technical level)
Computer analysis: Movings Indicators forex Stochastic Oscilliator are in the neutral zone, indicating the potential for growth.