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: $ 11943.00)


Gold remains to trade with a decrease, limiting itself to a downtrend.

  • Resistance 1: From $ 1200.00 (psychological level)
  • Resistance 2: From $ 1205.00 (technical level)
  • Support 1: From $ 1190.00 (psychological level)
  • Support 2: From $ 1185.00 (technical level)

Computer analysis: Movings indicators forex  Stochastic Oscilliator are in the neutral zone, indicating the potential saving to decline, but limitating a significant decrease.

Silver chart (current price: $ 14.10)


Silver remains in the flat and a downward trend, with a minimum update indicates the possibility of preservation of the downtrend.

  • Resistance 1: From $ 14.30 (technical level)
  • Resistance 2: From $ 14.40 (technical level)
  • Support 1: From $ 14.00 (psychological level)
  • Support 2: From $ 13.90 (technical level)

Computer analysis: Movings indicators forex  Stochastic Oscilliator are in the neutral zone, keeping lateral movement.

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