TETHER GOLD - XAUT/USD

- USD (-)

- Real time data - Cryptocompare

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Type:	Cryptocurrencies
Ticker:	XAUTUSD
ISIN:

TETHER GOLD - XAUT/USD - Daily - Technical analysis published on 06/04/2023 (GMT)

Londinia

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Timeframe : Daily
- Analysis generated on
Status : LEVEL MAINTAINED

Summary of the analysis

Trends

Short term: Strongly bearish

Underlying: Bearish

Technical indicators

22%

56%

22%

My opinion

Bearish under 1,984.77 USD

My targets

1,876.86 USD (-3.13%)

1,819.67 USD (-6.08%)

My analysis

All elements being clearly bearish, it would be possible for traders to trade only short positions (for sale) on TETHER GOLD - XAUT/USD as long as the price remains well below 1,984.77 USD. The sellers' bearish objective is set at 1,876.86 USD. A bearish break of this support would revive the bearish momentum. The sellers could then target the support located at 1,819.67 USD. In case of crossing, the next objective would be the support located at 1,792.67 USD.

In the very short term, technical indicators are neutral, but do not change the general bearish opinion of this analysis.

Force

Comment on the analysis

Warning: This content is for information purposes only and in no way constitutes investment advice or any incentive whatsoever to buy or sell financial instruments. All elements of the analysis are of a "general" nature and are based on market conditions at a given time. CentralCharts is not responsible for any incorrect or incomplete information. Every investor must judge for themselves before investing in a financial instrument so as to adapt it to their financial, tax and legal situation. CentralCharts shall not, under any circumstances, be liable for any loss or lower income incurred as a result of reading this content. Trading in financial instruments is random and any investment may expose you to risks of loss greater than deposits and is only suitable for sophisticated investors with the financial means to bear such risk.

This analysis was given by Londinia. Take part yourself by sharing additional analysis on another time unit:

Additional analysis

Quotes

The TETHER GOLD - XAUT/USD rating is 1,937.43 USD. The price is lower by -0.05% since the last closing and was traded between 1,929.46 USD and 1,953.28 USD over the period. The price is currently at +0.41% from its lowest and -0.81% from its highest.

1,929.46

1,953.28

1,937.43

The Central Gaps scanner detects a bullish opening marking the presence of buyers ahead of sellers at the opening but not sufficiently marked to allow the price to register a quotation gap.

Bullish opening

Type : Bullish

Timeframe : Openning

A study of price movements over other periods shows the following variations:

The Central Records scanner for higher/lower results shows the following items:

Near a new HIGH record (1 year)

Type : Bullish

Timeframe : Weekly

Near a new HIGH record (1st january)

Type : Bullish

Timeframe : Weekly

Technical

Technical analysis of TETHER GOLD - XAUT/USD in Daily shows an overall bearish trend. 71.43% of the signals given by moving averages are bearish. The overall trend is reinforced by the strong bearish signals from short-term moving averages. The Central Indicators scanner detects bearish signals on moving averages that could impact this trend:

Bearish price crossover with Moving Average 20

Type : Bearish

Timeframe : Daily

Bearish price crossover with Moving Average 100

Type : Bearish

Timeframe : Daily

Bearish price crossover with adaptative moving average 20

Type : Bearish

Timeframe : Daily

Bearish price crossover with adaptative moving average 100

Type : Bearish

Timeframe : Daily

An assessment of technical indicators does not currently provide any relevant information on the direction of future price movements.
But beware of excesses. The Central Indicators scanner currently detects this:

CCI indicator is oversold : under -100

Type : Neutral

Timeframe : Daily

CCI indicator: bullish divergence

Type : Bullish

Timeframe : Daily

Central Indicators, the detector scanner for these technical indicators has recently detected several signals:

Pivot points : price is under support 1

Type : Neutral

Timeframe : Daily

RSI indicator is back under 50

Type : Bearish

Timeframe : Daily

Aroon indicator bullish trend

Type : Bullish

Timeframe : Daily

Price is back under the pivot point

Type : Bearish

Timeframe : Weekly

Momentum indicator is back under 0

Type : Bearish

Timeframe : Daily

Williams %R indicator is back under -50

Type : Bearish

Timeframe : Daily

An analysis of the price chart with the Central Patterns scanner (detector of chart patterns and resistances and supports) shows a result that can have an impact on the price change:

Near horizontal support

Type : Bullish

Timeframe : Daily

Central Candlesticks, the scanner specialised in Japanese candlesticks, detects a bearish signal that could support the hypothesis of a small drop in the very short term:

Bearish engulfing lines

Type : Bearish

Timeframe : Daily

ProTrendLines

Price

	S3	S2	S1	Price	R1	R2	R3
ProTrendLines	1,792.67	1,819.67	1,876.86	1,937.43	1,952.55	1,984.77	2,021.30
Change (%)	-7.47%	-6.08%	-3.13%	-	+0.78%	+2.44%	+4.33%
Change	-144.76	-117.76	-60.57	-	+15.12	+47.34	+83.87
Level	Minor	Major	Intermediate	-	Major	Major	Minor

To determine price objectives, it is also possible to use the pivot points. Here is the price position in relation to pivot points:

Daily

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	1,893.01	1,908.67	1,923.52	1,939.18	1,954.03	1,969.69	1,984.54
Camarilla	1,929.98	1,932.78	1,935.57	1,938.37	1,941.17	1,943.96	1,946.76
Woodie	1,892.61	1,908.47	1,923.12	1,938.98	1,953.63	1,969.49	1,984.14
Fibonacci	1,908.67	1,920.33	1,927.53	1,939.18	1,950.84	1,958.04	1,969.69

Weekly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	1,846.93	1,885.34	1,911.85	1,950.26	1,976.77	2,015.18	2,041.69
Camarilla	1,920.52	1,926.47	1,932.42	1,938.37	1,944.32	1,950.27	1,956.22
Woodie	1,840.99	1,882.37	1,905.91	1,947.29	1,970.83	2,012.21	2,035.75
Fibonacci	1,885.34	1,910.14	1,925.46	1,950.26	1,975.06	1,990.38	2,015.18

Monthly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	1,763.55	1,843.64	1,908.15	1,988.24	2,052.75	2,132.84	2,197.35
Camarilla	1,932.89	1,946.14	1,959.40	1,972.65	1,985.91	1,999.16	2,012.42
Woodie	1,755.75	1,839.75	1,900.35	1,984.35	2,044.95	2,128.95	2,189.55
Fibonacci	1,843.64	1,898.88	1,933.01	1,988.24	2,043.48	2,077.61	2,132.84

Numerical data

The following is the status of the technical indicators and moving averages at the time of publication of this technical analysis:

Technical indicators

Moving averages

RSI (14):	38.37
MACD (12,26,9):	-13.1600
Directional Movement:	-5.25
AROON (14):	28.57
DEMA (21):	1,948.00
Parabolic SAR (0,02-0,02-0,2):	1,988.66
Elder Ray (13):	-14.66
Super Trend (3,10):	2,009.48
Zig ZAG (10):	1,937.43
VORTEX (21):	0.8700
Stochastique (14,3,5):	32.68
TEMA (21):	1,940.78
Williams %R (14):	-65.37
Chande Momentum Oscillator (20):	-30.32
Repulse (5,40,3):	-0.2300
ROCnROLL:	2
TRIX (15,9):	-0.1000
Courbe Coppock:	2.69

MA7:	1,952.81
MA20:	1,961.48
MA50:	1,988.71
MA100:	1,962.74
MAexp7:	1,951.95
MAexp20:	1,963.23
MAexp50:	1,974.35
MAexp100:	1,954.03
Price / MA7:	-0.79%
Price / MA20:	-1.23%
Price / MA50:	-2.58%
Price / MA100:	-1.29%
Price / MAexp7:	-0.74%
Price / MAexp20:	-1.31%
Price / MAexp50:	-1.87%
Price / MAexp100:	-0.85%

Quotes : - Real time data - Cryptocompare

This member declared not having a position on this financial instrument or a related financial instrument.

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Londinia AI

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