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GOLD - AUD
GOLD - AUD
- AUD (-)
- Real time data - Gold & Silver Spot
Open: -
Change: -
Volume: -
Low: -
High: -
High / Low range: -
Type: Commodities
Ticker: XAUAUD
ISIN:

GOLD - AUD - 1H - Technical analysis published on 11/15/2023 (GMT)

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  • Timeframe : 1H
  • - Analysis generated on
  • Status : TARGET REACHED

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Summary of the analysis

Trends
Short term: Neutral
Underlying: Bearish
Technical indicators
61%
6%
33%
My opinion
Bearish under 3,058.32 AUD
My targets
3,015.21 AUD (-0.49%)
2,962.22 AUD (-2.24%)
My analysis
We are currently in a phase of short-term indecision. In a case like this, you could favour trades in the direction of the basic trend on GOLD - AUD. As long as you are under the resistance located at 3,058.32 AUD, traders with an aggressive trading strategy could consider a sale. A cross of the support located at 3,015.21 AUD would be a signal of a reversal in the basic trend and the short-term trend could then quickly become bearish. Sellers would then use the next support located at 2,962.22 AUD as an objective. Crossing it would then enable sellers to target 2,861.73 AUD. If the resistance 3,058.32 AUD were to be broken, this would simply be a sign of possible further short-term consolidation and trading against this trend would then perhaps be more risky.

In the very short term, the general bearish opinion of this analysis is in opposition with technical indicators. As long as the invalidation level of this analysis is not breached, the bearish direction is still favored, however the current short term correction should be carefully watched.
Force
0
10
1.4

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.

Elly87653
This analysis was given by Elly87653. Take part yourself by sharing additional analysis on another time unit:
15 min. Daily Weekly

Additional analysis

Quotes

The GOLD - AUD price is 3,029.99 AUD. The price has increased by +0.32% since the last closing and was between 3,018.74 AUD and 3,032.45 AUD. This implies that the price is at +0.37% from its lowest and at -0.08% from its highest.

3,018.74
3,032.45
3,029.99

A bearish opening was detected by the Central Gaps scanner. Sellers are trying to impose a bearish trend in the very short term.

Central Gaps

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 study of the highest / lowest by the Central Records scanner shows the following results:

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



Abnormal volumes on GOLD - AUD were detected by the Central Volumes scanner:

Central Volumes

Abnormal volumes

Timeframe : 5 days


Abnormal volumes

Timeframe : 20 days


Abnormal volumes

Timeframe : 50 days

Technical


A technical analysis in 1H of this GOLD - AUD chart shows a bearish trend. 75.00% of the signals given by moving averages are bearish. Caution: the neutral signals currently given by short-term moving averages show us that the global trend is losing momentum. The Central Indicators scanner detects a bullish signal on moving averages that could impact this trend:

Central Indicators

Bullish trend reversal : adaptative moving average 20

Type : Bullish

Timeframe : 1 hour



In fact, according to the parameters integrated into the Central Analyzer system, 11 technical indicators out of 18 analysed are currently bullish. Caution: the Central Indicators scanner currently detects an excess:

Central Indicators

CCI indicator is overbought : over 100

Type : Neutral

Timeframe : 1 hour


Williams %R indicator is overbought : over -20

Type : Neutral

Timeframe : 1 hour

The Central Indicators scanner found this result concerning these indicators:

Central Indicators

RSI indicator is back over 50

Type : Bullish

Timeframe : 1 hour



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


S3S2S1PriceR1R2R3
ProTrendLines 2,962.22 3,015.21 3,022.50 3,029.99 3,034.65 3,058.32 3,070.17
Change (%) -2.24% -0.49% -0.25% - +0.15% +0.93% +1.33%
Change -67.77 -14.78 -7.49 - +4.66 +28.33 +40.18
Level Intermediate Intermediate Intermediate - Major Minor 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
Standard2,961.082,988.153,004.193,031.263,047.303,074.373,090.41
Camarilla3,008.393,012.343,016.293,020.243,024.193,028.143,032.10
Woodie2,955.582,985.392,998.693,028.503,041.803,071.613,084.91
Fibonacci2,988.153,004.623,014.793,031.263,047.733,057.903,074.37


Weekly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard2,974.733,004.603,025.723,055.593,076.713,106.583,127.70
Camarilla3,032.813,037.483,042.163,046.833,051.503,056.183,060.85
Woodie2,970.353,002.413,021.343,053.403,072.333,104.393,123.32
Fibonacci3,004.603,024.083,036.123,055.593,075.073,087.113,106.58


Monthly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard2,614.102,734.632,932.503,053.033,250.903,371.433,569.30
Camarilla3,042.803,071.993,101.173,130.363,159.553,188.733,217.92
Woodie2,652.762,753.972,971.163,072.373,289.563,390.773,607.96
Fibonacci2,734.632,856.262,931.413,053.033,174.663,249.813,371.43

Numerical data


The following is the status of technical indicators and moving averages registered at the time this technical analysis was created:

Technical indicators
Moving averages

RSI (14): 49.46
MACD (12,26,9): -3.0600
Directional Movement: 1.01
AROON (14): 92.86
DEMA (21): 3,023.87
Parabolic SAR (0,02-0,02-0,2): 3,021.02
Elder Ray (13): 3.44
Super Trend (3,10): 3,036.16
Zig ZAG (10): 3,029.87
VORTEX (21): 0.9700
Stochastique (14,3,5): 83.15
TEMA (21): 3,025.15
Williams %R (14): -12.59
Chande Momentum Oscillator (20): 10.50
Repulse (5,40,3): 0.0500
ROCnROLL: -1
TRIX (15,9): -0.0300
Courbe Coppock: 0.35
MA7: 3,048.07
MA20: 3,090.98
MA50: 3,013.14
MA100: 2,973.06
MAexp7: 3,028.40
MAexp20: 3,028.92
MAexp50: 3,036.45
MAexp100: 3,044.61
Price / MA7: -0.59%
Price / MA20: -1.97%
Price / MA50: +0.56%
Price / MA100: +1.91%
Price / MAexp7: +0.05%
Price / MAexp20: +0.04%
Price / MAexp50: -0.21%
Price / MAexp100: -0.48%

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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Londinia AI

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