TETHER GOLD - XAUT/USD

- USD (-)

- Real time data - Cryptocompare

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Change:	-
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Type:	Cryptocurrencies
Ticker:	XAUTUSD
ISIN:

TETHER GOLD - XAUT/USD - Daily - Technical analysis published on 07/20/2023 (GMT)

Londinia

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Timeframe : Daily
- Analysis generated on
Status : LEVEL MAINTAINED

Summary of the analysis

Trends

Short term: Strongly bullish

Underlying: Bullish

Technical indicators

94%

My opinion

Bullish above 1,930.79 USD

My targets

2,021.30 USD (+2.21%)

My analysis

TETHER GOLD - XAUT/USD is part of a very strong bullish trend. Traders may consider trading only long positions (at the time of purchase) as long as the price remains well above 1,930.79 USD. The next resistance located at 2,021.30 USD is the next bullish target to be reached. A bullish break in this resistance would boost the bullish momentum.

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

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

TETHER GOLD - XAUT/USD rating 1,977.50 USD. The price is lower by -0.04% since the last closing and was traded between 1,977.50 USD and 1,992.00 USD over the period. The price is currently at 0% from its lowest and -0.73% from its highest.

1,977.50

1,992.00

1,977.50

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

Here is a more detailed summary of the historical variations registered by TETHER GOLD - XAUT/USD:

The Central Records scanner, which identifies the highest / lowest, has detected several elements:

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

New HIGH record (1 month)

Type : Bullish

Timeframe : Weekly

Technical

A technical analysis in Daily of this TETHER GOLD - XAUT/USD chart shows a bullish trend. 71.43% of the signals given by moving averages are bullish. The overall trend is reinforced by the strong bullish signals from short-term moving averages. The Central Indicators scanner does not detect any result on moving averages that would impact this trend.

The probability of a further increase is high given the direction of the technical indicators.
But beware of excesses. The Central Indicators scanner currently detects this:

RSI indicator is overbought : over 70

Type : Neutral

Timeframe : Daily

CCI indicator is overbought : over 100

Type : Neutral

Timeframe : Daily

Williams %R indicator is overbought : over -20

Type : Neutral

Timeframe : Daily

Central Indicators, the detector scanner for these technical indicators recently detected a signal:

Pivot points : price is over resistance 1

Type : Neutral

Timeframe : Weekly

The Central Patterns scanner, which studies chart patterns, resistances and supports, has identified these signals:

Near horizontal resistance

Type : Bearish

Timeframe : Daily

Resistance of channel is broken

Type : Bullish

Timeframe : Daily

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

ProTrendLines

Price

	S3	S2	S1	Price	R1	R2	R3
ProTrendLines	1,876.86	1,930.79	1,961.08	1,977.50	1,985.02	2,021.30	2,051.10
Change (%)	-5.09%	-2.36%	-0.83%	-	+0.38%	+2.21%	+3.72%
Change	-100.64	-46.71	-16.42	-	+7.52	+43.80	+73.60
Level	Minor	Minor	Intermediate	-	Intermediate	Minor	Major

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

Daily

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	1,962.57	1,966.63	1,972.47	1,976.53	1,982.37	1,986.43	1,992.27
Camarilla	1,975.58	1,976.49	1,977.39	1,978.30	1,979.21	1,980.12	1,981.02
Woodie	1,963.45	1,967.08	1,973.35	1,976.98	1,983.25	1,986.88	1,993.15
Fibonacci	1,966.63	1,970.42	1,972.75	1,976.53	1,980.32	1,982.65	1,986.43

Weekly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	1,879.10	1,897.60	1,927.00	1,945.50	1,974.90	1,993.40	2,022.80
Camarilla	1,943.23	1,947.62	1,952.01	1,956.40	1,960.79	1,965.18	1,969.57
Woodie	1,884.55	1,900.33	1,932.45	1,948.23	1,980.35	1,996.13	2,028.25
Fibonacci	1,897.60	1,915.90	1,927.20	1,945.50	1,963.80	1,975.10	1,993.40

Monthly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	1,790.22	1,843.06	1,882.98	1,935.82	1,975.74	2,028.58	2,068.50
Camarilla	1,897.39	1,905.89	1,914.40	1,922.90	1,931.40	1,939.91	1,948.41
Woodie	1,783.76	1,839.83	1,876.52	1,932.59	1,969.28	2,025.35	2,062.04
Fibonacci	1,843.06	1,878.49	1,900.39	1,935.82	1,971.25	1,993.15	2,028.58

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):	70.11
MACD (12,26,9):	10.6000
Directional Movement:	16.01
AROON (14):	100.00
DEMA (21):	1,961.75
Parabolic SAR (0,02-0,02-0,2):	1,952.90
Elder Ray (13):	27.14
Super Trend (3,10):	1,944.79
Zig ZAG (10):	1,982.30
VORTEX (21):	1.3000
Stochastique (14,3,5):	91.71
TEMA (21):	1,975.64
Williams %R (14):	-12.29
Chande Momentum Oscillator (20):	55.50
Repulse (5,40,3):	0.7700
ROCnROLL:	1
TRIX (15,9):	0.0300
Courbe Coppock:	4.85

MA7:	1,966.30
MA20:	1,942.48
MA50:	1,943.55
MA100:	1,968.82
MAexp7:	1,968.17
MAexp20:	1,951.25
MAexp50:	1,948.86
MAexp100:	1,947.09
Price / MA7:	+0.57%
Price / MA20:	+1.80%
Price / MA50:	+1.75%
Price / MA100:	+0.44%
Price / MAexp7:	+0.47%
Price / MAexp20:	+1.35%
Price / MAexp50:	+1.47%
Price / MAexp100:	+1.56%

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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