GOLD - USD
GOLD - USD
- USD (-)
- Real time data - Gold & Silver Spot
Open: -
Change: -
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High / Low range: -
Type: Commodities
Ticker: XAUUSD
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GOLD - USD - 15 min. - Technical analysis published on 04/26/2024 (GMT)

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  • Timeframe : 15 min.
  • - Analysis generated on
  • Status : LEVEL MAINTAINED

Summary of the analysis

Trends
Short term: Strongly bullish
Underlying: Strongly bullish
Technical indicators
89%
0%
11%
My opinion
Bullish above 2,326.92 USD
My targets
2,366.67 USD (+0.78%)
2,388.41 USD (+1.71%)
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 2,326.92 USD. The buyers' bullish objective is set at 2,366.67 USD. A bullish break in this resistance would boost the bullish momentum. The buyers could then target the resistance located at 2,388.41 USD. If there is any crossing, the next objective would be the resistance located at 2,398.33 USD. However, beware of bullish excesses that could lead to a possible short-term correction; but this possible correction would not be tradeable.

Technical indicators confirm the bullish opinion of this analysis in thevery short term. However, be careful of excessive bullish movements. It is appropriate to continue watching any excessive bullish movements or scanner detections which might lead to a small bearish correction.
Force
0
10
8.9

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 KBPRASAD. Take part yourself by sharing additional analysis on another time unit:
1H Daily Weekly

Additional analysis

Quotes

The GOLD - USD rating is 2,348.29 USD. The price registered an increase of +0.76% on the session with the lowest point at 2,326.29 USD and the highest point at 2,350.22 USD. The deviation from the price is +0.95% for the low point and -0.08% for the high point.

2,326.29
2,350.22
2,348.29

The Central Gaps scanner detects a bullish opening. A small advantage for buyers in the very short term.

Central Gaps

Bullish opening

Type : Bullish

Timeframe : Openning



Here is a more detailed summary of the historical variations registered by GOLD - USD:
The Central Records scanner for higher/lower results shows the following items:

Central Records

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


A technical analysis in 15 min. of this GOLD - USD chart shows a strongly bullish trend. 92.86% of the signals given by moving averages are bullish. This strongly bullish trend is supported by the strong bullish signals given by short-term moving averages. The Central Indicators scanner does not detect any result on moving averages that would impact this trend.

In fact, 16 technical indicators on 18 studied are currently bullish. Caution: the Central Indicators scanner currently detects an excess:

Central Indicators

RSI indicator is overbought : over 70

Type : Neutral

Timeframe : 15 minutes


CCI indicator is overbought : over 100

Type : Neutral

Timeframe : 15 minutes


Williams %R indicator is overbought : over -20

Type : Neutral

Timeframe : 15 minutes

Other results related to technical indicators were also found by the Central Indicators scanner:

Central Indicators

Pivot points : price is over resistance 1

Type : Neutral

Timeframe : 15 minutes


Price is back under the pivot point

Type : Bearish

Timeframe : Weekly



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

The Central Candlesticks scanner which studies Japanese candlesticks did not detect anything.


ProTrendLines
S3
S2
S1
R1
R2
R3
Price


S3S2S1PriceR1R2R3
ProTrendLines 2,312.53 2,324.62 2,336.78 2,348.29 2,373.14 2,398.33 2,417.91
Change (%) -1.52% -1.01% -0.49% - +1.06% +2.13% +2.96%
Change -35.76 -23.67 -11.51 - +24.85 +50.04 +69.62
Level Major Minor Intermediate - Intermediate Minor 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
Standard2,269.162,287.172,308.912,326.922,348.662,366.672,388.41
Camarilla2,319.732,323.372,327.022,330.662,334.302,337.952,341.59
Woodie2,271.042,288.102,310.792,327.852,350.542,367.602,390.29
Fibonacci2,287.172,302.352,311.732,326.922,342.102,351.482,366.67


Weekly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard2,245.342,285.412,337.772,377.842,430.202,470.272,522.63
Camarilla2,364.712,373.192,381.662,390.132,398.602,407.082,415.55
Woodie2,251.492,288.482,343.922,380.912,436.352,473.342,528.78
Fibonacci2,285.412,320.722,342.532,377.842,413.152,434.962,470.27


Monthly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard1,905.681,972.372,103.032,169.722,300.382,367.072,497.73
Camarilla2,179.412,197.502,215.592,233.682,251.772,269.862,287.95
Woodie1,937.661,988.362,135.012,185.712,332.362,383.062,529.71
Fibonacci1,972.372,047.762,094.342,169.722,245.112,291.692,367.07

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): 74.04
MACD (12,26,9): 3.6400
Directional Movement: 22.16
AROON (14): 71.42
DEMA (21): 2,345.59
Parabolic SAR (0,02-0,02-0,2): 2,343.06
Elder Ray (13): 4.44
Super Trend (3,10): 2,337.53
Zig ZAG (10): 2,348.89
VORTEX (21): 1.2100
Stochastique (14,3,5): 84.09
TEMA (21): 2,347.66
Williams %R (14): -8.06
Chande Momentum Oscillator (20): 14.08
Repulse (5,40,3): 0.2000
ROCnROLL: 1
TRIX (15,9): 0.0200
Courbe Coppock: 0.84
MA7: 2,346.15
MA20: 2,337.30
MA50: 2,206.46
MA100: 2,118.96
MAexp7: 2,345.62
MAexp20: 2,341.10
MAexp50: 2,336.45
MAexp100: 2,332.38
Price / MA7: +0.09%
Price / MA20: +0.47%
Price / MA50: +6.43%
Price / MA100: +10.82%
Price / MAexp7: +0.11%
Price / MAexp20: +0.31%
Price / MAexp50: +0.51%
Price / MAexp100: +0.68%

Quotes : - Real time data - Gold & Silver Spot

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

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