GOLD - AUD

- AUD (-)

- Real time data - Gold & Silver Spot

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Type:	Commodities
Ticker:	XAUAUD
ISIN:

GOLD - AUD - 1H - Technical analysis published on 11/26/2024 (GMT)

Londinia

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

Summary of the analysis

Trends

Short term: Strongly bearish

Underlying: Strongly bearish

Technical indicators

17%

39%

44%

My opinion

Bearish under 4,075.55 AUD

My targets

4,017.16 AUD (-0.47%)

3,986.51 AUD (-1.23%)

My analysis

GOLD - AUD is part of a very strong bearish trend. Traders may consider trading only short positions (for sale) as long as the price remains well below 4,075.55 AUD. The next support located at 4,017.16 AUD is the next bearish objective to target. A bearish break of this support would revive the bearish momentum. The bearish movement could then continue towards the next support located at 3,986.51 AUD. Below this support, sellers could then target 3,958.98 AUD. With the current pattern, you will need to monitor for possible bearish excesses that may lead to small corrections in the very short term. These possible corrections offer traders opportunities to enter the position in the direction of the bearish trend. Trying to profit from the purchase of these possible corrections may seem risky.

In the very short term, the general bearish sentiment is confirmed by technical indicators. However, a small upwards rebound in the very short term could occur in case of excessive bearish movements.

Force

6.1

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 Noreir. Take part yourself by sharing additional analysis on another time unit:

Additional analysis

Quotes

The GOLD - AUD rating is 4,036.33 AUD. On the day, this instrument lost -0.05% and was traded between 4,029.63 AUD and 4,077.21 AUD over the period. The price is currently at +0.17% from its lowest and -1.00% from its highest.

4,029.63

4,077.21

4,036.33

Here is a more detailed summary of the historical variations registered by GOLD - AUD:

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

Near a new HIGH record (1 month)

Type : Bullish

Timeframe : Weekly

Technical

A technical analysis in 1H of this GOLD - AUD chart shows a sharp bearish trend. The signals given by moving averages are 85.71% bearish. This strong bearish trend is confirmed by the strong signals currently being given by short-term moving averages. The Central Indicators scanner detects a bearish signal on moving averages that could impact this trend:

Bearish trend reversal : Moving Average 100

Type : Bearish

Timeframe : 1 hour

The probability of a further decline is low given the direction of the technical indicators.
Caution: the Central Indicators scanner currently detects an excess:

RSI indicator: bullish divergence

Type : Bullish

Timeframe : 1 hour

Central Indicators, the scanner specialised in technical indicators, has identified these signals:

Pivot points : price is under support 1

Type : Neutral

Timeframe : Weekly

Momentum indicator is back over 0

Type : Bullish

Timeframe : 1 hour

The analysis of the price chart with Central Patterns scanners does not return any result.

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

ProTrendLines

Price

	S3	S2	S1	Price	R1	R2	R3
ProTrendLines	3,958.98	3,986.51	4,017.16	4,036.33	4,075.55	4,131.99	4,180.18
Change (%)	-1.92%	-1.23%	-0.47%	-	+0.97%	+2.37%	+3.56%
Change	-77.35	-49.82	-19.17	-	+39.22	+95.66	+143.85
Level	Minor	Minor	Major	-	Minor	Intermediate	Intermediate

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
Standard	3,855.45	3,940.63	3,989.46	4,074.64	4,123.47	4,208.65	4,257.48
Camarilla	4,001.45	4,013.73	4,026.02	4,038.30	4,050.58	4,062.87	4,075.15
Woodie	3,837.29	3,931.54	3,971.30	4,065.55	4,105.31	4,199.56	4,239.32
Fibonacci	3,940.63	3,991.82	4,023.45	4,074.64	4,125.83	4,157.46	4,208.65

Weekly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	3,824.28	3,896.11	4,036.51	4,108.34	4,248.74	4,320.57	4,460.97
Camarilla	4,118.54	4,137.99	4,157.45	4,176.90	4,196.35	4,215.81	4,235.26
Woodie	3,858.56	3,913.25	4,070.79	4,125.48	4,283.02	4,337.71	4,495.25
Fibonacci	3,896.11	3,977.19	4,027.27	4,108.34	4,189.42	4,239.50	4,320.57

Monthly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	3,450.22	3,627.82	3,902.06	4,079.66	4,353.90	4,531.50	4,805.74
Camarilla	4,052.04	4,093.46	4,134.88	4,176.30	4,217.72	4,259.14	4,300.56
Woodie	3,498.54	3,651.98	3,950.38	4,103.82	4,402.22	4,555.66	4,854.06
Fibonacci	3,627.82	3,800.42	3,907.06	4,079.66	4,252.26	4,358.90	4,531.50

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):	35.68
MACD (12,26,9):	-15.9800
Directional Movement:	-15.47
AROON (14):	14.29
DEMA (21):	4,033.60
Parabolic SAR (0,02-0,02-0,2):	4,073.62
Elder Ray (13):	-10.86
Super Trend (3,10):	4,080.56
Zig ZAG (10):	4,036.19
VORTEX (21):	0.7700
Stochastique (14,3,5):	24.32
TEMA (21):	4,030.94
Williams %R (14):	-81.15
Chande Momentum Oscillator (20):	-4.26
Repulse (5,40,3):	-0.1500
ROCnROLL:	2
TRIX (15,9):	-0.0700
Courbe Coppock:	0.47

MA7:	4,067.18
MA20:	4,070.25
MA50:	4,000.35
MA100:	3,848.81
MAexp7:	4,042.89
MAexp20:	4,055.81
MAexp50:	4,078.60
MAexp100:	4,078.12
Price / MA7:	-0.76%
Price / MA20:	-0.83%
Price / MA50:	+0.90%
Price / MA100:	+4.87%
Price / MAexp7:	-0.16%
Price / MAexp20:	-0.48%
Price / MAexp50:	-1.04%
Price / MAexp100:	-1.02%

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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