TETHER GOLD - XAUT/USD
TETHER GOLD - XAUT/USD
- USD (-)
- Real time data - Cryptocompare
Open: -
Change: -
Volume: -
Low: -
High: -
High / Low range: -
Type: Cryptocurrencies
Ticker: XAUTUSD
ISIN:

TETHER GOLD - XAUT/USD - 1H - Technical analysis published on 05/15/2023 (GMT)

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  • Timeframe : 1H
  • - Analysis generated on
  • Status : LEVEL MAINTAINED

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Summary of the analysis

Trends
Short term: Strongly bullish
Underlying: Slightly bullish
Technical indicators
56%
17%
28%
My opinion
Bullish above 2,003.28 USD
My targets
2,029.08 USD (+0.77%)
2,041.56 USD (+1.39%)
My analysis
The short-term increase currently reinforces the basic trend, which is only slightly bullish. It would be possible for traders to only trade long positions (at the time of purchase) on TETHER GOLD - XAUT/USD as long as the price remains well above 2,003.28 USD. The buyers' bullish objective is set at 2,029.08 USD. A bullish break in this resistance would boost the bullish momentum. The buyers could then target the resistance located at 2,041.56 USD. If there is any crossing, the next objective would be the resistance located at 2,049.67 USD.

In the very short term, the general bullish sentiment is confirmed by technical indicators. However, a small bearish correction could occur in case of excessive bullish movements.
Force
0
10
4.1

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:
Daily Weekly

Additional analysis

Quotes

The TETHER GOLD - XAUT/USD price is 2,013.50 USD. The price is lower by -0.07% since the last closing with the lowest point at 2,010.45 USD and the highest point at 2,016.70 USD. The deviation from the price is +0.15% for the low point and -0.16% for the high point.

2,010.45
2,016.70
2,013.50

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



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, which identifies the highest / lowest, has detected several elements:

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


Technical analysis of TETHER GOLD - XAUT/USD in 1H shows an overall slightly bullish trend. Only 60.71% of the signals given by moving averages are bullish. This slightly bullish trend is reinforced by the strong signals currently being given by short-term moving averages. The Central Indicators market scanner is currently detecting several bearish signals that could impact this trend:

Central Indicators

Bearish price crossover with Moving Average 100

Type : Bearish

Timeframe : 1 hour


Bearish price crossover with adaptative moving average 50

Type : Bearish

Timeframe : 1 hour



An assessment of technical indicators shows a moderate bullish signal.
But beware of excesses. The Central Indicators scanner currently detects this:

Central Indicators

CCI indicator: bearish divergence

Type : Bearish

Timeframe : 1 hour

The Central Indicators scanner found this result concerning these indicators:

Central Indicators

Price is back over the pivot point

Type : Bullish

Timeframe : 1 hour



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

Central Patterns

Near horizontal resistance

Type : Bearish

Timeframe : 1 hour


Near resistance of channel

Type : Bearish

Timeframe : 1 hour



The Central Candlesticks scanner, specialised in Japanese candlesticks, did not identify any signals.


ProTrendLines
S3
S2
S1
R1
R2
R3
Price


S3S2S1PriceR1R2R3
ProTrendLines 1,984.84 2,003.28 2,009.50 2,013.50 2,018.77 2,029.08 2,041.56
Change (%) -1.42% -0.51% -0.20% - +0.26% +0.77% +1.39%
Change -28.66 -10.22 -4.00 - +5.27 +15.58 +28.06
Level Major Minor Intermediate - Intermediate Minor Intermediate



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

Daily
Pivot points S3 S2 S1 PP R1 R2 R3
Standard2,000.902,004.952,009.902,013.952,018.902,022.952,027.90
Camarilla2,012.382,013.202,014.032,014.852,015.682,016.502,017.33
Woodie2,001.352,005.182,010.352,014.182,019.352,023.182,028.35
Fibonacci2,004.952,008.392,010.512,013.952,017.392,019.512,022.95


Weekly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard1,957.651,980.471,995.932,018.752,034.212,057.032,072.49
Camarilla2,000.872,004.382,007.892,011.402,014.912,018.422,021.93
Woodie1,953.981,978.631,992.262,016.912,030.542,055.192,068.82
Fibonacci1,980.471,995.092,004.122,018.752,033.372,042.402,057.03


Monthly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard1,853.871,903.331,947.161,996.622,040.452,089.912,133.74
Camarilla1,965.351,973.901,982.451,991.001,999.552,008.102,016.66
Woodie1,851.071,901.921,944.361,995.212,037.652,088.502,130.94
Fibonacci1,903.331,938.961,960.981,996.622,032.252,054.272,089.91

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): 60.76
MACD (12,26,9): 0.8200
Directional Movement: 1.23
AROON (14): 71.43
DEMA (21): 2,013.54
Parabolic SAR (0,02-0,02-0,2): 2,010.45
Elder Ray (13): 1.70
Super Trend (3,10): 2,007.78
Zig ZAG (10): 2,013.73
VORTEX (21): 1.0300
Stochastique (14,3,5): 43.93
TEMA (21): 2,013.96
Williams %R (14): -46.52
Chande Momentum Oscillator (20): 3.63
Repulse (5,40,3): -0.2300
ROCnROLL: 1
TRIX (15,9): 0.0000
Courbe Coppock: 0.22
MA7: 2,018.54
MA20: 2,012.26
MA50: 2,002.72
MA100: 1,943.80
MAexp7: 2,013.38
MAexp20: 2,012.51
MAexp50: 2,012.41
MAexp100: 2,014.53
Price / MA7: -0.25%
Price / MA20: +0.06%
Price / MA50: +0.54%
Price / MA100: +3.59%
Price / MAexp7: +0.01%
Price / MAexp20: +0.05%
Price / MAexp50: +0.05%
Price / MAexp100: -0.05%

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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