GOLD - USD
GOLD - USD
3,023.05 USD (-0.77%)
03/21/2025 - 21:02 Closed Real time data - Gold & Silver Spot
Open: 3,046.46
Change: -23.40
Volume: 533,864
Low: 2,999.53
High: 3,047.56
High / Low range: 48.03
Type: Commodities
Ticker: XAUUSD
ISIN:

GOLD - USD - 15 min. - Technical analysis published on 12/22/2023 (GMT)

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  • Timeframe : 15 min.
  • - Analysis generated on 12/22/2023 - 15:03
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Summary of the analysis

Trends
Short term: Strongly bullish
Underlying: Strongly bullish
Technical indicators
72%
0%
28%
My opinion
Bullish above 2,061.31 USD
My targets
2,084.40 USD (+0.69%)
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 2,061.31 USD. The next resistance located at 2,084.40 USD is the next bullish objective to be reached. A bullish break in this resistance would boost the bullish momentum. 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.

In the very short term, the general bullish sentiment is confirmed by technical indicators. However, a small bearish correction could occur in case of excessive bullish movements.
Force
0
10
8.4

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.

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 2,070.04 USD. On the day, this instrument gained +0.84% and was between 2,046.86 USD and 2,070.55 USD. This implies that the price is at +1.13% from its lowest and at -0.02% from its highest.

2,046.86
2,070.55
2,070.04

Here is a more detailed summary of the historical variations registered by GOLD - USD:
Created with Raphaël 2.3.005101520January 1st3 years1 year6 months1 month5 daysToday
The Central Records scanner for higher/lower results shows the following items:

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



Technical


Technical analysis of GOLD - USD in 15 min. shows a strongly overall bullish trend. The signals given by the moving averages are 92.86% bullish. This strong bullish trend is confirmed by the strong signals currently being given by short-term moving averages. There is no crossing of moving average by the price or crossing of moving averages between themselves.

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

RSI indicator is overbought : over 70

Type : Neutral

Timeframe : 15 minutes


CCI indicator is overbought : over 100

Type : Neutral

Timeframe : 15 minutes

Central Indicators, the detector scanner for these technical indicators has recently detected several signals:

Central Indicators

Pivot points : price is over resistance 1

Type : Neutral

Timeframe : 15 minutes


Pivot points : price is over resistance 1

Type : Neutral

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 engulfing lines

Type : Bearish

Timeframe : 15 minutes




ProTrendLines
S3
S2
S1
R1
Price


S3S2S1PriceR1
ProTrendLines 1,989.50 2,027.58 2,045.49 2,070.04 2,071.45
Change (%) -3.89% -2.05% -1.19% - +0.07%
Change -80.54 -42.46 -24.55 - +1.41
Level Minor Intermediate Major - Intermediate



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
Standard2,015.132,023.562,038.222,046.652,061.312,069.742,084.40
Camarilla2,046.532,048.652,050.762,052.882,055.002,057.112,059.23
Woodie2,018.252,025.122,041.342,048.212,064.432,071.302,087.52
Fibonacci2,023.562,032.382,037.832,046.652,055.472,060.922,069.74


Weekly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard1,903.601,938.331,978.502,013.232,053.402,088.132,128.30
Camarilla1,998.072,004.942,011.802,018.672,025.542,032.402,039.27
Woodie1,906.321,939.691,981.222,014.592,056.122,089.492,131.02
Fibonacci1,938.331,966.941,984.622,013.232,041.842,059.522,088.13


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 is the status of the technical indicators and moving averages at the time of publication of this technical analysis:

Technical indicators
Created with Raphaël 2.3.0Buy13
Moving averages
Created with Raphaël 2.3.0Buy26

RSI (14): 65.10
MACD (12,26,9): 3.6700
Directional Movement: 7.02
AROON (14): 85.71
DEMA (21): 2,066.47
Parabolic SAR (0,02-0,02-0,2): 2,058.62
Elder Ray (13): 2.74
Super Trend (3,10): 2,057.62
Zig ZAG (10): 2,067.17
VORTEX (21): 1.1800
Stochastique (14,3,5): 83.89
TEMA (21): 2,067.90
Williams %R (14): -21.78
Chande Momentum Oscillator (20): 5.13
Repulse (5,40,3): 0.1800
ROCnROLL: 1
TRIX (15,9): 0.0200
Courbe Coppock: 0.83
MA7: 2,039.57
MA20: 2,030.17
MA50: 1,996.23
MA100: 1,949.00
MAexp7: 2,066.22
MAexp20: 2,061.61
MAexp50: 2,055.99
MAexp100: 2,050.80
Price / MA7: +1.49%
Price / MA20: +1.96%
Price / MA50: +3.70%
Price / MA100: +6.21%
Price / MAexp7: +0.19%
Price / MAexp20: +0.41%
Price / MAexp50: +0.68%
Price / MAexp100: +0.94%

Quotes : 12/22/2023 - 15:03 - 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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