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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: $ 1198.00)
Gold is traded near the Friday lows limited to a lateral trend.
- Resistance 1: From $ 1205.00 (technical level)
- Resistance 2: From $ 1211.00 (technical level)
- Support 1: From $ 1195.00 (psychological 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: $ 14.30)
Silver also received support on the weakness of the dollar, but is limited to a downtrend.
- 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 overbought zone limiting growth.