Technical analysis of gold and silver (Andre Green)
Gold chart (current price: $ 1306.00)
Gold retains an upward trend in the resumption of trade confrontation and the weakness of the American.
- Resistance 1: From $ 1308.00 (technical level)
- Resistance 2: From $ 1312.00 (technical level)
- Support 1: From $ 1396.00 (technical level)
- Support 2: From $ 1290.00 (technical level)
Computer analysis: The Stochastic Oscillator movings are in the slight overbought zone, which in the end can cause a correction for gold.
Silver chart (current price: $ 16.60)
Silver retained an upward trend on the decline of the American.
- Resistance 1: From $ 16.70 (technical level)
- Resistance 2: From $ 16.80 (technical level)
- Support 1: From $ 16.50 (technical level)
- Support 2: From $ 16.30 (May minimum)
Computer analysis: The Stochastic Oscillator movings are in the neutral zone, but limited to slight overbought.