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

GOLD - USD - 1H - Technical analysis published on 03/15/2023 (GMT)

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

Analysis too old. There are no more charts available.

Summary of the analysis

Trends
Short term: Strongly bullish
Underlying: Strongly bullish
Technical indicators
78%
0%
22%
My opinion
Bullish above 1,909.31 USD
My targets
1,953.13 USD (+1.92%)
2,069.41 USD (+7.99%)
My analysis
GOLD - 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 1,909.31 USD. The next resistance located at 1,953.13 USD is the next bullish objective to be reached. A bullish break in this resistance would boost the bullish momentum. The bullish movement could then continue towards the next resistance located at 2,069.41 USD. With the current pattern, you will need to monitor for possible bullish 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 bullish trend. Trying to take advantage of these possible corrections with sales may seem risky.

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
0
10
8.2

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.

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

Additional analysis

Quotes

The GOLD - USD price is 1,916.25 USD. The price has increased by +0.69% since the last closing and was traded between 1,885.74 USD and 1,918.96 USD over the period. The price is currently at +1.62% from its lowest and -0.14% from its highest.

1,885.74
1,918.96
1,916.25

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 Central Records scanner for higher/lower results shows the following items:

Central Records

Near a new HIGH record (1 year)

Type : Bullish

Timeframe : Weekly


Near a new LOW record (1st january)

Type : Bearish

Timeframe : Weekly


New HIGH record (1 month)

Type : Bullish

Timeframe : Weekly



Technical


Technical analysis of GOLD - USD in 1H shows a strongly overall bullish trend. The signals given by the moving averages are 89.29% bullish. This strong bullish trend is confirmed by the strong signals currently being given by short-term moving averages. The Central Indicators market scanner is currently detecting several bullish signals that could impact this trend:

Central Indicators

Bullish trend reversal : Moving Average 20

Type : Bullish

Timeframe : 1 hour


Bullish trend reversal : adaptative moving average 20

Type : Bullish

Timeframe : 1 hour



The probability of a further increase is high given the direction of the technical indicators.
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

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

Central Indicators

Pivot points : price is over resistance 1

Type : Neutral

Timeframe : 1 hour


Pivot points : price is over resistance 2

Type : Neutral

Timeframe : Weekly


MACD crosses UP its Moving Average

Type : Bullish

Timeframe : 1 hour


MACD indicator is back over 0

Type : Bullish

Timeframe : 1 hour



No signals are given by Central Patterns, a market scanner specialised in chart patterns, resistances and supports.

The Central Candlesticks scanner which studies Japanese candlesticks did not detect anything.


ProTrendLines
S3
S2
S1
R1
R2
Price


S3S2S1PriceR1R2
ProTrendLines 1,856.45 1,895.44 1,909.31 1,916.25 1,953.13 2,069.41
Change (%) -3.12% -1.09% -0.36% - +1.92% +7.99%
Change -59.80 -20.81 -6.94 - +36.88 +153.16
Level Intermediate Intermediate Major - Major 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
Standard1,875.531,885.491,894.321,904.281,913.111,923.071,931.90
Camarilla1,897.991,899.721,901.441,903.161,904.881,906.611,908.33
Woodie1,874.981,885.211,893.771,904.001,912.561,922.791,931.35
Fibonacci1,885.491,892.661,897.101,904.281,911.451,915.891,923.07


Weekly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard1,767.461,788.441,828.261,849.241,889.061,910.041,949.86
Camarilla1,851.361,856.931,862.511,868.081,873.651,879.231,884.80
Woodie1,776.881,793.151,837.681,853.951,898.481,914.751,959.28
Fibonacci1,788.441,811.671,826.011,849.241,872.471,886.811,910.04


Monthly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard1,612.221,708.551,767.091,863.421,921.962,018.292,076.83
Camarilla1,783.051,797.251,811.441,825.641,839.841,854.031,868.23
Woodie1,593.341,699.101,748.211,853.971,903.082,008.842,057.95
Fibonacci1,708.551,767.711,804.261,863.421,922.581,959.132,018.29

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): 63.69
MACD (12,26,9): 0.6400
Directional Movement: 8.49
AROON (14): 21.43
DEMA (21): 1,903.53
Parabolic SAR (0,02-0,02-0,2): 1,886.22
Elder Ray (13): 9.05
Super Trend (3,10): 1,890.55
Zig ZAG (10): 1,917.23
VORTEX (21): 1.0100
Stochastique (14,3,5): 81.25
TEMA (21): 1,901.49
Williams %R (14): -5.69
Chande Momentum Oscillator (20): 14.01
Repulse (5,40,3): 1.1800
ROCnROLL: 1
TRIX (15,9): 0.0000
Courbe Coppock: 0.16
MA7: 1,865.80
MA20: 1,844.82
MA50: 1,875.57
MA100: 1,818.42
MAexp7: 1,904.11
MAexp20: 1,902.99
MAexp50: 1,897.08
MAexp100: 1,881.67
Price / MA7: +2.70%
Price / MA20: +3.87%
Price / MA50: +2.17%
Price / MA100: +5.38%
Price / MAexp7: +0.64%
Price / MAexp20: +0.70%
Price / MAexp50: +1.01%
Price / MAexp100: +1.84%

Quotes : - Real time data - Gold & Silver Spot

News


The last news published on GOLD - USD at the time of the generation of this analysis was as follows:

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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