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: $ 1203.00)


Gold returned to growth, but is limited to the existing channel.

  • Resistance 1: From $ 1210.00 (technical level)
  • Resistance 2: From $ 1215.00 (technical level)
  • Support 1: From $ 1195.00 (technical level)
  • Support 2: From $ 1190.00 (technical level)

Computer analysis: Movings indicators forex Stochastic Oscilliator are in the overbought zone, indicating a limited growth.

Silver chart (current price: $ 14.20)


Silver remains in flat, keeping a downward trend.

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

Computer analysis: Movings indicators forex Stochastic Oscilliator are in the overbought zone, limiting the upward dynamics.

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