GOLD - USD - 15 min. - Technical analysis published on 09/28/2023 (GMT)
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- Timeframe : 15 min.
- - Analysis generated on
- Status : NEUTRAL
Analysis too old. There are no more charts available.
Summary of the analysis
Trends
Short term:
Bullish
Underlying:
Slightly bearish
Technical indicators
78%
6%
17%
My opinion
Neutral between 1,865.49 USD and 1,884.72 USD
My targets
-
My analysis
The basic trend is slightly bearish and the short term is tentatively bullish. With such a pattern, it is difficult to favour buying or selling. The first resistance is located at 1,884.72 USD. The first support is located at 1,865.49 USD. Without a basic trend, it is be important to monitor the price reaction at the first levels of resistance or support. A bullish break in resistance could quickly reverse the basic trend. A bearish break in the support would be welcome to boost the slightly bearish basic trend. On the other hand, if the price is blocked by resistance or support, it could be attractive to trade against the trend on the last short-term movement registered by GOLD - USD.
Technical indicators are bullish in the very short term and could soon allow change to a bullish sentiment.
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.
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Additional analysis
Quotes
The GOLD - USD rating is 1,876.74 USD. The price registered a decrease of -0.05% on the session with the lowest point at 1,873.55 USD and the highest point at 1,878.26 USD. The deviation from the price is +0.17% for the low point and -0.08% for the high point.1,873.55
1,878.26
1,876.74
A bearish opening was detected by the Central Gaps scanner. Sellers are trying to impose a bearish trend in the very short term.
Bearish opening
Type : Bearish
Timeframe : Openning
A study of price movements over other periods shows the following variations:
Near a new LOW record (1st january)
Type : Bearish
Timeframe : Weekly
Near a new HIGH record (1 month)
Type : Bullish
Timeframe : Weekly
Technical
Technical analysis of this 15 min. chart of GOLD - USD indicates that the overall trend is slightly bearish. 53.57% of the signals given by moving averages are bearish. Caution: the slightly bullish signals currently being given by short-term moving averages indicate that this overall trend could be reversed. The Central Indicators market scanner is currently detecting a bullish signal that could impact this trend:
Bullish trend reversal : adaptative moving average 50
Type : Bullish
Timeframe : 15 minutes
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:
CCI indicator is overbought : over 100
Type : Neutral
Timeframe : 15 minutes
CCI indicator: bearish divergence
Type : Bearish
Timeframe : 15 minutes
RSI indicator: bearish divergence
Type : Bearish
Timeframe : 15 minutes
Pivot points : price is under support 3
Type : Neutral
Timeframe : Weekly
RSI indicator is back over 50
Type : Bullish
Timeframe : 15 minutes
No signals are given by Central Patterns, a market scanner specialised in chart patterns, resistances and supports.
The Central Candlesticks scanner, specialised in Japanese candlesticks, did not identify any signals.
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 1,811.68 | 1,834.42 | 1,872.54 | 1,876.74 | 1,889.48 | 1,909.31 | 1,929.34 |
| Change (%) | -3.47% | -2.25% | -0.22% | - | +0.68% | +1.74% | +2.80% |
| Change | -65.06 | -42.32 | -4.20 | - | +12.74 | +32.57 | +52.60 |
| Level | Major | Minor | Intermediate | - | Intermediate | Major | Major |
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 | 1,834.08 | 1,853.31 | 1,865.49 | 1,884.72 | 1,896.90 | 1,916.13 | 1,928.31 |
| Camarilla | 1,869.03 | 1,871.91 | 1,874.79 | 1,877.67 | 1,880.55 | 1,883.43 | 1,886.31 |
| Woodie | 1,830.56 | 1,851.55 | 1,861.97 | 1,882.96 | 1,893.38 | 1,914.37 | 1,924.79 |
| Fibonacci | 1,853.31 | 1,865.31 | 1,872.72 | 1,884.72 | 1,896.72 | 1,904.13 | 1,916.13 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 1,876.53 | 1,895.24 | 1,910.06 | 1,928.77 | 1,943.59 | 1,962.30 | 1,977.12 |
| Camarilla | 1,915.67 | 1,918.74 | 1,921.82 | 1,924.89 | 1,927.96 | 1,931.04 | 1,934.11 |
| Woodie | 1,874.60 | 1,894.27 | 1,908.13 | 1,927.80 | 1,941.66 | 1,961.33 | 1,975.19 |
| Fibonacci | 1,895.24 | 1,908.05 | 1,915.96 | 1,928.77 | 1,941.58 | 1,949.49 | 1,962.30 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 1,815.05 | 1,849.94 | 1,894.94 | 1,929.83 | 1,974.83 | 2,009.72 | 2,054.72 |
| Camarilla | 1,917.96 | 1,925.28 | 1,932.61 | 1,939.93 | 1,947.25 | 1,954.58 | 1,961.90 |
| Woodie | 1,820.10 | 1,852.47 | 1,899.99 | 1,932.36 | 1,979.88 | 2,012.25 | 2,059.77 |
| Fibonacci | 1,849.94 | 1,880.46 | 1,899.32 | 1,929.83 | 1,960.35 | 1,979.21 | 2,009.72 |
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): | 60.26 | |
| MACD (12,26,9): | 0.1900 | |
| Directional Movement: | 14.94 | |
| AROON (14): | 92.86 | |
| DEMA (21): | 1,875.74 | |
| Parabolic SAR (0,02-0,02-0,2): | 1,874.03 | |
| Elder Ray (13): | 1.45 | |
| Super Trend (3,10): | 1,873.20 | |
| Zig ZAG (10): | 1,876.84 | |
| VORTEX (21): | 1.1100 | |
| Stochastique (14,3,5): | 76.31 | |
| TEMA (21): | 1,876.67 | |
| Williams %R (14): | -21.51 | |
| Chande Momentum Oscillator (20): | 2.14 | |
| Repulse (5,40,3): | 0.0700 | |
| ROCnROLL: | -1 | |
| TRIX (15,9): | 0.0000 | |
| Courbe Coppock: | 0.19 |
| MA7: | 1,906.97 | |
| MA20: | 1,917.63 | |
| MA50: | 1,924.33 | |
| MA100: | 1,937.44 | |
| MAexp7: | 1,876.36 | |
| MAexp20: | 1,875.80 | |
| MAexp50: | 1,877.15 | |
| MAexp100: | 1,882.18 | |
| Price / MA7: | -1.59% | |
| Price / MA20: | -2.13% | |
| Price / MA50: | -2.47% | |
| Price / MA100: | -3.13% | |
| Price / MAexp7: | +0.02% | |
| Price / MAexp20: | +0.05% | |
| Price / MAexp50: | -0.02% | |
| Price / MAexp100: | -0.29% |
Quotes :
-
Real time data
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Gold & Silver Spot
News
Don't forget to follow the news on GOLD - USD. At the time of publication of this analysis, the latest news was as follows:
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Gold Technical Analysis for September 14, 2023 by FXEmpire
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Gold Forecast Video for 13.09.23 by Bruce Powers
-
Gold Technical Analysis for September 13, 2023 by FXEmpire
-
Gold Technical Analysis for September 12, 2023 by FXEmpire
-
Technical Analysis: 11/9/2023 - Gold finds support at 200-day SMA
This member declared not having a position on this financial instrument or a related financial instrument.
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