GOLD - EUR - 1H - Technical analysis published on 03/02/2023 (GMT)
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- Timeframe : 1H
- - Analysis generated on
- Status : NEUTRAL
Analysis too old. There are no more charts available.
Summary of the analysis
Trends
Short term:
Neutral
Underlying:
Slightly bullish
Technical indicators
39%
22%
39%
My opinion
Neutral between 1,711.23 EUR and 1,726.84 EUR
My targets
-
My analysis
A slightly bullish trend and a neutral short term. With such a pattern, it is difficult to favour buying or selling. The first resistance is located at 1,726.84 EUR. The first support is located at 1,711.23 EUR. A very slight advantage is given by the slightly bullish basic trend so that the resistance is reached first, but should we take this into account? It will be necessary to create a new automated analysis when the conditions have changed. This may be the case, for example, when the first resistance has been broken above or the first support has been broken below.
In the very short term, the neutral opinion of this analysis is confirmed by technical indicators which are also neutral.
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 Muhahaha. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
GOLD - EUR rating 1,722.16 EUR. The price registered an increase of +0.04% on the session with the lowest point at 1,719.77 EUR and the highest point at 1,723.44 EUR. The deviation from the price is +0.14% for the low point and -0.07% for the high point.1,719.77
1,723.44
1,722.16
The Central Gaps scanner detects a bearish opening. A small advantage for sellers in the very short term.
Bearish opening
Type : Bearish
Timeframe : Openning
A study of price movements over other periods shows the following variations:
Near a new LOW record (1 year)
Type : Bearish
Timeframe : Weekly
Near a new HIGH record (1st january)
Type : Bullish
Timeframe : Weekly
Near a new HIGH record (1 month)
Type : Bullish
Timeframe : Weekly
Abnormal volumes on GOLD - EUR were detected by the Central Volumes scanner:
Abnormal volumes
Timeframe : 5 days
Abnormal volumes
Timeframe : 20 days
Abnormal volumes
Timeframe : 50 days
Technical
Technical analysis of this 1H chart of GOLD - EUR indicates that the overall trend is slightly bullish. 60.71% of the signals given by moving averages are bullish. As the signals currently given by short-term moving averages are rather neutral, the overall trend could quickly return to neutral as well. The Central Indicators market scanner currently does not detect any result that concerns moving averages.
In fact, of the 18 technical indicators analysed by Central Analyzer, 7 are bullish, 7 are neutral and 4 are bearish. Caution: the Central Indicators scanner currently detects an excess:
MACD indicator: bullish divergence
Type : Bullish
Timeframe : 1 hour
RSI indicator is back over 50
Type : Bullish
Timeframe : 1 hour
Price is back over the pivot point
Type : Bullish
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
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 1,702.48 | 1,711.23 | 1,718.61 | 1,722.16 | 1,722.36 | 1,726.84 | 1,731.40 |
| Change (%) | -1.14% | -0.63% | -0.21% | - | +0.01% | +0.27% | +0.54% |
| Change | -19.68 | -10.93 | -3.55 | - | +0.20 | +4.68 | +9.24 |
| Level | Intermediate | Minor | Intermediate | - | Minor | Intermediate | Minor |
Pivot points can also be used to set your price objectives. Here is the price situation in relation to pivot points:
Daily
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 1,702.99 | 1,710.67 | 1,716.04 | 1,723.72 | 1,729.09 | 1,736.77 | 1,742.14 |
| Camarilla | 1,717.82 | 1,719.02 | 1,720.21 | 1,721.41 | 1,722.61 | 1,723.80 | 1,725.00 |
| Woodie | 1,701.84 | 1,710.09 | 1,714.89 | 1,723.14 | 1,727.94 | 1,736.19 | 1,740.99 |
| Fibonacci | 1,710.67 | 1,715.66 | 1,718.74 | 1,723.72 | 1,728.71 | 1,731.79 | 1,736.77 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 1,689.91 | 1,702.22 | 1,709.61 | 1,721.92 | 1,729.31 | 1,741.62 | 1,749.01 |
| Camarilla | 1,711.59 | 1,713.40 | 1,715.20 | 1,717.01 | 1,718.82 | 1,720.62 | 1,722.43 |
| Woodie | 1,687.46 | 1,700.99 | 1,707.16 | 1,720.69 | 1,726.86 | 1,740.39 | 1,746.56 |
| Fibonacci | 1,702.22 | 1,709.74 | 1,714.39 | 1,721.92 | 1,729.44 | 1,734.09 | 1,741.62 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 1,611.84 | 1,656.87 | 1,691.46 | 1,736.49 | 1,771.08 | 1,816.11 | 1,850.70 |
| Camarilla | 1,704.16 | 1,711.45 | 1,718.75 | 1,726.05 | 1,733.35 | 1,740.65 | 1,747.95 |
| Woodie | 1,606.62 | 1,654.26 | 1,686.24 | 1,733.88 | 1,765.86 | 1,813.50 | 1,845.48 |
| Fibonacci | 1,656.87 | 1,687.29 | 1,706.08 | 1,736.49 | 1,766.91 | 1,785.70 | 1,816.11 |
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): | 50.21 | |
| MACD (12,26,9): | -0.0800 | |
| Directional Movement: | -2.48 | |
| AROON (14): | -42.86 | |
| DEMA (21): | 1,722.67 | |
| Parabolic SAR (0,02-0,02-0,2): | 1,727.83 | |
| Elder Ray (13): | -0.01 | |
| Super Trend (3,10): | 1,729.41 | |
| Zig ZAG (10): | 1,722.75 | |
| VORTEX (21): | 1.0400 | |
| Stochastique (14,3,5): | 37.49 | |
| TEMA (21): | 1,721.88 | |
| Williams %R (14): | -56.58 | |
| Chande Momentum Oscillator (20): | 0.45 | |
| Repulse (5,40,3): | 0.0800 | |
| ROCnROLL: | 1 | |
| TRIX (15,9): | 0.0000 | |
| Courbe Coppock: | 0.22 |
| MA7: | 1,720.12 | |
| MA20: | 1,727.59 | |
| MA50: | 1,740.58 | |
| MA100: | 1,714.32 | |
| MAexp7: | 1,722.24 | |
| MAexp20: | 1,722.62 | |
| MAexp50: | 1,721.71 | |
| MAexp100: | 1,720.67 | |
| Price / MA7: | +0.12% | |
| Price / MA20: | -0.31% | |
| Price / MA50: | -1.06% | |
| Price / MA100: | +0.46% | |
| Price / MAexp7: | +0.00% | |
| Price / MAexp20: | -0.03% | |
| Price / MAexp50: | +0.03% | |
| Price / MAexp100: | +0.09% |
Quotes :
-
Real time data
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Gold & Silver Spot
This member declared not having a position on this financial instrument or a related financial instrument.
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