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: $ 1217.00)


Gold moved to a correction after growth, which also provoked an increase in optimism in the market.

  • Resistance 1: From $ 1225.00 (psychological level)
  • Resistance 2: From $ 1230.00 (technical level)
  • Support 1: From $ 1210.00 (psychological level)
  • Support 2: From $ 1205.00 (technical level)

Computer analysis: Movings indicators forex  Stochastic Oscilliator are in the oversold zone, limiting the possibility of a significant reduction.

Silver chart (current price: $ 14.50)


Silver maintains a restraining uptrend, despite the reduction in risk.

  • Resistance 1: From $ 14.60 (technical level)
  • Resistance 2: From $ 14.70 (technical level)
  • Support 1: From $ 14.40 (technical level)
  • Support 2: From $ 14.30 (technical level)

Computer analysis: Movings indicators forex  Stochastic Oscilliator are in the neutral zone, indicating correction and limited decline.

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