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 moved to a decline on the rebound from the upper boundary of the downward channel.
- 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 neutral zone, indicating the possibility of keeping the downward dynamics.
Silver chart (current price: $ 14.50)
Silver also turned out to be under pressure of US dollar attempts to increase.
- Resistance 1: From $ 14.80 (technical level)
- Resistance 2: From $ 15.00 (psychological level)
- Support 1: From $ 14.40 (technical level)
- Support 2: From $ 14.20 (technical level)
Computer analysis: Movings indicators forex Stochastic Oscilliator are in the oversold zone, limiting the decline.