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: $ 1204.00)
Gold moved to correction after growth, but it broke the downward trend.
- Resistance 1: From $ 1210.00 (psychological level)
- Resistance 2: From $ 1215.00 (technical level)
- Support 1: From $ 1200.00 (psychological level)
- Support 2: From $ 1195.00 (technical level)
Computer analysis: Movings indicators forex Stochastic Oscilliator are in the oversold zone, indicating a limited reduction.
Silver chart (current price: $ 14.20)
Silver remains in flat, while slowing down the decline.
- Resistance 1: From $ 14.30 (technical level)
- Resistance 2: From $ 14.40 (technical level)
- Support 1: From $ 14.10 (technical level)
- Support 2: From $ 14.00 (psychological level)
Computer analysis: Movings indicators forex Stochastic Oscilliator are in the neutral zone, keeping lateral movement.