GOLD - USD

- USD (-)

- Real time data - Gold & Silver Spot

Open:	-
Change:	-
Volume:	-

Low:	-
High:	-
High / Low range:	-

Type:	Commodities
Ticker:	XAUUSD
ISIN:

GOLD - USD - Daily - Technical analysis published on 04/25/2024 (GMT)

Timeframe : Daily
- Analysis generated on
Status : IN PROGRESS...

Summary of the analysis

Trends

Short term: Bullish

Underlying: Strongly bullish

Technical indicators

17%

39%

44%

My opinion

Bullish above

My targets

()

My analysis

All elements being clearly bullish, it would be possible for traders to trade only long positions (at the time of purchase) on GOLD - USD as long as the price remains well above . The buyers' bullish objective is set at . A bullish break in this resistance would boost the bullish momentum. The buyers could then target the resistance located at . Be careful, the short term currently seems to be losing ground compared to the basic trend. Longer time units should be analysed to identify possible overbought items that could be a sign of a possible short-term correction.

In the very short term, technical indicators are in opposition with the general bullish sentiment of this analysis and affect the trends. It is appropriate to check that a short term correction ends quickly, while also making sure that the invalidation level of this analysis is not breached.

Force

4.3

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 jann1414. Take part yourself by sharing additional analysis on another time unit:

Additional analysis

Quotes

The GOLD - USD rating is 2,319.08 USD. The price registered an increase of +0.12% on the session with the lowest point at 2,305.17 USD and the highest point at 2,322.16 USD. The deviation from the price is +0.60% for the low point and -0.13% for the high point.

2,305.17

2,322.16

2,319.08

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

Bearish opening

Type : Bearish

Timeframe : Openning

So that you have an overall view of the price change, here is a table showing the variations over several periods:

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

Near a new HIGH record (5 years)

Type : Bullish

Timeframe : Weekly

Near a new HIGH record (1 year)

Type : Bullish

Timeframe : Weekly

Near a new HIGH record (1st january)

Type : Bullish

Timeframe : Weekly

Near a new HIGH record (1 month)

Type : Bullish

Timeframe : Weekly

Technical

Technical analysis of GOLD - USD in Daily shows a strongly overall bullish trend. The signals given by moving averages are 85.71% bullish. This strongly bullish trend seems to be running out of steam given the signals being given by short-term moving averages. The Central Indicators market scanner is currently detecting a bullish signal that could impact this trend:

Bullish price crossover with adaptative moving average 50

Type : Bullish

Timeframe : Daily

In fact, only 7 technical indicators out of 18 studied are currently bearish. Caution: the Central Indicators scanner currently detects an excess:

Williams %R indicator is oversold : under -80

Type : Neutral

Timeframe : Daily

The Central Indicators scanner found this result concerning these indicators:

Pivot points : price is under support 1

Type : Neutral

Timeframe : Weekly

Central Patterns, the scanner specializing in chart patterns, did not identify any signals.

No result was found by the Central Candlesticks scanner on Japanese candlesticks.

ProTrendLines

Price

	S3	S2	S1	Price
ProTrendLines	2,049.28	2,079.55	2,203.99	2,319.08
Change (%)	-11.63%	-10.33%	-4.96%	-
Change	-269.80	-239.53	-115.09	-
Level	Major	Minor	Intermediate	-

Attention could also be paid to pivot points to set price objectives:

Daily

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	2,280.76	2,296.29	2,306.30	2,321.83	2,331.84	2,347.37	2,357.38
Camarilla	2,309.30	2,311.64	2,313.98	2,316.32	2,318.66	2,321.00	2,323.34
Woodie	2,278.01	2,294.91	2,303.55	2,320.45	2,329.09	2,345.99	2,354.63
Fibonacci	2,296.29	2,306.04	2,312.07	2,321.83	2,331.58	2,337.61	2,347.37

Weekly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	2,245.34	2,285.41	2,337.77	2,377.84	2,430.20	2,470.27	2,522.63
Camarilla	2,364.71	2,373.19	2,381.66	2,390.13	2,398.60	2,407.08	2,415.55
Woodie	2,251.49	2,288.48	2,343.92	2,380.91	2,436.35	2,473.34	2,528.78
Fibonacci	2,285.41	2,320.72	2,342.53	2,377.84	2,413.15	2,434.96	2,470.27

Monthly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	1,905.68	1,972.37	2,103.03	2,169.72	2,300.38	2,367.07	2,497.73
Camarilla	2,179.41	2,197.50	2,215.59	2,233.68	2,251.77	2,269.86	2,287.95
Woodie	1,937.66	1,988.36	2,135.01	2,185.71	2,332.36	2,383.06	2,529.71
Fibonacci	1,972.37	2,047.76	2,094.34	2,169.72	2,245.11	2,291.69	2,367.07

Numerical data

The following are the details of the technical indicators and moving averages that were collected to generate this technical analysis:

Technical indicators

Moving averages

RSI (14):	55.64
MACD (12,26,9):	39.6700
Directional Movement:	7.32
AROON (14):	35.71
DEMA (21):	2,374.25
Parabolic SAR (0,02-0,02-0,2):	2,404.49
Elder Ray (13):	-19.71
Super Trend (3,10):	2,265.09
Zig ZAG (10):	2,318.26
VORTEX (21):	1.1500
Stochastique (14,3,5):	27.66
TEMA (21):	2,366.71
Williams %R (14):	-80.55
Chande Momentum Oscillator (20):	-36.26
Repulse (5,40,3):	-0.8100
ROCnROLL:	-1
TRIX (15,9):	0.3500
Courbe Coppock:	4.82

MA7:	2,347.18
MA20:	2,331.00
MA50:	2,199.33
MA100:	2,115.55
MAexp7:	2,336.82
MAexp20:	2,314.65
MAexp50:	2,229.59
MAexp100:	2,148.51
Price / MA7:	-1.20%
Price / MA20:	-0.51%
Price / MA50:	+5.44%
Price / MA100:	+9.62%
Price / MAexp7:	-0.76%
Price / MAexp20:	+0.19%
Price / MAexp50:	+4.01%
Price / MAexp100:	+7.94%

Quotes : - Real time data - Gold & Silver Spot

News

Don't forget to follow the news on GOLD - USD. At the time of publication of this analysis, the latest news was as follows:

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

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