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 03/21/2024 (GMT)

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  • 03/21/2024 - 15:41
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  • Timeframe : 15 min.
  • - Analysis generated on 03/21/2024 - 15:41
  • Status : LEVEL MAINTAINED

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Summary of the analysis

Trends
Short term: Strongly bearish
Underlying: Bearish
Technical indicators
11%
72%
17%
My opinion
Bearish under 2,195.18 USD
My targets
2,158.43 USD (-0.59%)
2,112.86 USD (-2.69%)
My analysis
GOLD - USD 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 2,195.18 USD. The next support located at 2,158.43 USD 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 2,112.86 USD. Below this support, sellers could then target 2,076.11 USD.

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
0
10
5.5

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 KaraMed. Take part yourself by sharing additional analysis on another time unit:
1H Daily Weekly

Additional analysis

Quotes

The GOLD - USD price is 2,171.27 USD. On the day, this instrument lost -1.49% with the lowest point at 2,166.40 USD and the highest point at 2,212.51 USD. The deviation from the price is +0.22% for the low point and -1.86% for the high point.

2,166.40
2,212.51
2,171.27

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



A study of price movements over other periods shows the following variations:
Created with Raphaël 2.3.0-100102030January 1st3 years1 year6 months1 month5 daysToday
The Central Records scanner for higher/lower results shows the following items:

Central Records

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 an overall bearish trend. 67.86% of the signals given by moving averages are bearish. This bearish trend is supported by the strong bearish signals given by short-term moving averages. The Central Indicators market scanner currently does not detect any result that concerns moving averages.

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

Central Indicators

RSI indicator is oversold : under 20

Type : Neutral

Timeframe : 15 minutes


CCI indicator is oversold : under -100

Type : Neutral

Timeframe : 15 minutes


Williams %R indicator is oversold : under -80

Type : Neutral

Timeframe : 15 minutes

Central Indicators, the detector scanner for these technical indicators recently detected a signal:

Central Indicators

Price is back over the pivot point

Type : Bullish

Timeframe : Weekly



Central Patterns, the scanner specializing in chart patterns, did not identify any signals.

For a small rebound in the very short term, the Central Candlesticks scanner currently notes the presence of these bullish patterns in Japanese candlesticks:

Central Candlesticks

Bullish harami

Type : Bullish

Timeframe : 15 minutes


Bullish harami cross

Type : Bullish

Timeframe : 15 minutes




ProTrendLines
S3
S2
S1
R1
R2
R3
Price


S3S2S1PriceR1R2R3
ProTrendLines 2,079.55 2,152.79 2,160.31 2,171.27 2,172.77 2,179.88 2,183.68
Change (%) -4.22% -0.85% -0.50% - +0.07% +0.40% +0.57%
Change -91.72 -18.48 -10.96 - +1.50 +8.61 +12.41
Level Minor Intermediate Intermediate - Minor Minor 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
Standard2,076.112,112.862,158.432,195.182,240.752,277.502,323.07
Camarilla2,181.352,188.902,196.442,203.992,211.542,219.082,226.63
Woodie2,080.512,115.072,162.832,197.392,245.152,279.712,327.47
Fibonacci2,112.862,144.312,163.742,195.182,226.632,246.062,277.50


Weekly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard2,104.992,127.832,143.412,166.252,181.832,204.672,220.25
Camarilla2,148.442,151.962,155.482,159.002,162.522,166.042,169.57
Woodie2,101.372,126.022,139.792,164.442,178.212,202.862,216.63
Fibonacci2,127.832,142.502,151.572,166.252,180.922,189.992,204.67


Monthly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard1,916.031,950.161,997.232,031.362,078.432,112.562,159.63
Camarilla2,021.982,029.422,036.872,044.312,051.752,059.202,066.64
Woodie1,922.511,953.402,003.712,034.602,084.912,115.802,166.11
Fibonacci1,950.161,981.182,000.342,031.362,062.382,081.542,112.56

Numerical data


The following is the status of technical indicators and moving averages registered at the time this technical analysis was created:

Technical indicators
Created with Raphaël 2.3.0Sell13
Moving averages
Created with Raphaël 2.3.0Sell19

RSI (14): 16.87
MACD (12,26,9): -7.4800
Directional Movement: -40.18
AROON (14): -78.57
DEMA (21): 2,185.28
Parabolic SAR (0,02-0,02-0,2): 2,198.04
Elder Ray (13): -15.77
Super Trend (3,10): 2,189.36
Zig ZAG (10): 2,170.86
VORTEX (21): 0.6400
Stochastique (14,3,5): 7.28
TEMA (21): 2,178.77
Williams %R (14): -86.61
Chande Momentum Oscillator (20): -33.72
Repulse (5,40,3): -0.4800
ROCnROLL: 2
TRIX (15,9): -0.0200
Courbe Coppock: 2.22
MA7: 2,170.28
MA20: 2,125.82
MA50: 2,065.68
MA100: 2,040.18
MAexp7: 2,179.85
MAexp20: 2,193.52
MAexp50: 2,197.26
MAexp100: 2,191.33
Price / MA7: +0.05%
Price / MA20: +2.14%
Price / MA50: +5.11%
Price / MA100: +6.43%
Price / MAexp7: -0.39%
Price / MAexp20: -1.01%
Price / MAexp50: -1.18%
Price / MAexp100: -0.91%

Quotes : 03/21/2024 - 15:41 - 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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