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 is trading at the opening of the day after yesterday’s growth, limited to the upward triangle.
- 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, limiting the possibility of decline.
Silver chart (current price: $ 14.70)
Silver remains to be traded in an uptrend, while maintaining the potential for growth.
- Resistance 1: From $ 14.90 (technical level)
- Resistance 2: From $ 15.00 (psychological level)
- Support 1: From $ 14.60 (technical level)
- Support 2: From $ 14.50 (technical level)
Computer analysis: Movings indicators forex Stochastic Oscilliator are in the neutral zone, indicating the limitations of a significant decline.