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: $ 1188.00)


Gold remains under pressure from the American dollar, limiting itself to a sideways trend and retaining the potential for decline.

  • Resistance 1: From $ 1195.00 (psychological level)
  • Resistance 2: From $ 1200.00 (technical level)
  • Support 1: From $ 1185.00 (psychological level)
  • Support 2: From $ 1180.00 (technical level)

Computer analysis: Movings indicators forex Stochastic Oscilliator in the neutral zone, limiting the possibility of significant growth.

Silver chart (current price: $ 14.30)


Silver remains in the phase of correction to maintain the uptrend.

  • Resistance 1: From $ 14.60 (technical level)
  • Resistance 2: From $ 14. 70 (technical level)
  • Support 1: From $ 14.30 (technical level)
  • Support 2: From $ 14.20 (technical level)

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

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