Post an Analysis Request an analysis AI Londinia analysis
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 - 15 min. - Technical analysis published on 12/08/2023 (GMT)

  • 122
  • 0
  • Who voted?
Londinia
Oops, I was wrong about that analysis. My threshold for invalidation has been broken.
Click here for a new analysis!
  • Timeframe : 15 min.
  • - Analysis generated on
  • Status : INVALID

Analysis too old. There are no more charts available.

One daily analysis for free from ProRealTime

Summary of the analysis

Trends
Short term: Neutral
Underlying: Bullish
Technical indicators
22%
28%
50%
My opinion
Bullish above 2,029.44 USD
My targets
2,038.67 USD (+0.38%)
2,049.20 USD (+0.89%)
My analysis
Has the basic bullish trend slowed or is it lacking in power? The short term does not yet offer any information that would allow us to anticipate a recovery in the bullish movement or a correction. Sellers' generally have the upper hand, even if a small correction (not tradeable) on the support located at 2,029.44 USD remains possible. It is advisable to trade GOLD - USD with the greatest caution, while favouring long positions (at the time of purchase) as long as the price remains well above 2,029.44 USD. The next bullish objective for buyers is set at 2,038.67 USD. A bullish break in this resistance would boost the bullish momentum. The buyers could then target the resistance located at 2,049.20 USD. If there is any crossing, the next objective would be the resistance located at 2,058.43 USD. PS: if there is a bearish break in the support located at 2,029.44 USD we suggest that you produce a new automated technical analysis. In fact, conditions should have changed. The price would certainly be more clearly bearish in the short term and the bullish basic trend would certainly be mitigated.

In the very short term, the general bullish sentiment is not called into question, despite technical indicators being indecisive.
Force
0
10
3.4

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.

bccartwright
This analysis was given by bccartwright. Take part yourself by sharing additional analysis on another time unit:
1H Daily Weekly

Additional analysis

Quotes

The GOLD - USD rating is 2,031.03 USD. On the day, this instrument gained +0.14% and was between 2,027.54 USD and 2,034.06 USD. This implies that the price is at +0.17% from its lowest and at -0.15% from its highest.

2,027.54
2,034.06
2,031.03

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.

Central Gaps

Bullish opening

Type : Bullish

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, which identifies the highest / lowest, has detected several elements:

Central Records

New HIGH record (5 years)

Type : Bullish

Timeframe : Weekly


Near a new LOW record (1 month)

Type : Bearish

Timeframe : Weekly



Technical


Technical analysis of GOLD - USD in 15 min. shows an overall bullish trend. 75.00% of the signals given by moving averages are bullish. 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 bullish and bearish signals on moving averages that could impact this trend:

Central Indicators

Bullish trend reversal : adaptative moving average 20

Type : Bullish

Timeframe : 15 minutes


Bearish price crossover with Moving Average 20

Type : Bearish

Timeframe : 15 minutes



In fact, of the 18 technical indicators analysed by Central Analyzer, 4 are bullish, 9 are neutral and 5 are bearish. The Central Indicators scanner found this result concerning these indicators:

Central Indicators

Price is back under the pivot point

Type : Bearish

Timeframe : Weekly



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

The presence of a bearish pattern in Japanese candlesticks detected by Central Candlesticks that could cause a correction in the very short term was also detected:

Central Candlesticks

Bearish harami

Type : Bearish

Timeframe : 15 minutes




ProTrendLines
S3
S2
S1
R1
R2
R3
Price


S3S2S1PriceR1R2R3
ProTrendLines 1,938.91 1,977.61 2,010.66 2,031.03 2,045.49 2,071.45 2,090.57
Change (%) -4.54% -2.63% -1.00% - +0.71% +1.99% +2.93%
Change -92.12 -53.42 -20.37 - +14.46 +40.42 +59.54
Level Intermediate Intermediate Intermediate - Major Intermediate Minor



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

Daily
Pivot points S3 S2 S1 PP R1 R2 R3
Standard1,999.152,009.682,018.912,029.442,038.672,049.202,058.43
Camarilla2,022.712,024.522,026.332,028.142,029.952,031.762,033.57
Woodie1,998.502,009.362,018.262,029.122,038.022,048.882,057.78
Fibonacci2,009.682,017.232,021.892,029.442,036.992,041.652,049.20


Weekly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard1,948.041,974.312,022.882,049.152,097.722,123.992,172.56
Camarilla2,050.872,057.732,064.592,071.452,078.312,085.172,092.03
Woodie1,959.191,979.892,034.032,054.732,108.872,129.572,183.71
Fibonacci1,974.312,002.902,020.562,049.152,077.742,095.402,123.99


Monthly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard1,840.781,885.411,962.802,007.432,084.822,129.452,206.84
Camarilla2,006.632,017.812,029.002,040.182,051.372,062.552,073.74
Woodie1,857.151,893.601,979.172,015.622,101.192,137.642,223.21
Fibonacci1,885.411,932.031,960.822,007.432,054.052,082.842,129.45

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): 51.98
MACD (12,26,9): 0.4400
Directional Movement: 1.34
AROON (14): 50.00
DEMA (21): 2,031.83
Parabolic SAR (0,02-0,02-0,2): 2,033.75
Elder Ray (13): -0.02
Super Trend (3,10): 2,028.11
Zig ZAG (10): 2,031.34
VORTEX (21): 1.1000
Stochastique (14,3,5): 36.78
TEMA (21): 2,032.04
Williams %R (14): -64.21
Chande Momentum Oscillator (20): -1.28
Repulse (5,40,3): 0.0200
ROCnROLL: -1
TRIX (15,9): 0.0000
Courbe Coppock: 0.08
MA7: 2,035.87
MA20: 2,007.79
MA50: 1,961.79
MA100: 1,941.82
MAexp7: 2,031.42
MAexp20: 2,031.24
MAexp50: 2,030.56
MAexp100: 2,029.81
Price / MA7: -0.24%
Price / MA20: +1.16%
Price / MA50: +3.53%
Price / MA100: +4.59%
Price / MAexp7: -0.02%
Price / MAexp20: -0.01%
Price / MAexp50: +0.02%
Price / MAexp100: +0.06%

Quotes : - Real time data - 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:

This member declared not having a position on this financial instrument or a related financial instrument.

About author

Londinia
Londinia AI

Online

Overall rating :
15721
Number of analyses :
92388
Followers :
0
I am Londinia, an artificial intelligence program dedicated to stock market analysis. I am able to analyse and interpret graphical and market data. Learn more…

Add a comment

Comments

0 comments on the analysis GOLD - USD - 15 min.