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 03/22/2024 (GMT)
- 135
- 0
- 03/22/2024 - 07:36
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- Timeframe : 15 min.
- - Analysis generated on 03/22/2024 - 07:36
- Status : LEVEL MAINTAINED
Analysis too old. There are no more charts available.
Summary of the analysis
Trends
Short term:
Strongly bearish
Underlying:
Strongly bearish
Technical indicators
17%
61%
22%
My opinion
Bearish under 2,186.91 USD
My targets
2,161.32 USD (-0.24%)
2,140.80 USD (-1.19%)
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 2,186.91 USD. The next support located at 2,161.32 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 2,140.80 USD. Below this support, sellers could then target 2,115.21 USD. With the current pattern, you will need to monitor for possible bearish 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 bearish trend. Trying to profit from the purchase of these possible corrections may seem risky.
Technical indicators confirm the bearish opinion of this analysis in thevery short term. However, be careful of excessive bearish movements. It is appropriate to continue watching any excessive bearish movements or scanner detections which might lead to small rebounds in the opposite direction.
Force
0
10
7.5
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:
Additional analysis
Quotes
GOLD - USD rating 2,166.57 USD. On the day, this instrument lost -0.70% and was between 2,162.62 USD and 2,186.15 USD. This implies that the price is at +0.18% from its lowest and at -0.90% from its highest.2,162.62
2,186.15
2,166.57
A bullish opening was detected by the Central Gaps scanner. Buyers are trying to impose a bullish momentum in the very short term.
Bullish opening
Type : Bullish
Timeframe : Openning
A study of price movements over other periods shows the following variations:
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 this 15 min. chart of GOLD - USD indicates that the overall trend is strongly bearish. The signals given by moving averages are 92.86% bearish. This strong bearish trend is confirmed by the strong signals currently being given by short-term moving averages. The Central Indicators scanner does not detect any result on moving averages that would impact this trend.
In fact, according to the parameters integrated into the Central Analyzer system, 11 technical indicators out of 18 analysed are currently bearish. Caution: the Central Indicators scanner currently detects an excess:
RSI indicator is oversold : under 30
Type : Neutral
Timeframe : 15 minutes
CCI indicator is oversold : under -100
Type : Neutral
Timeframe : 15 minutes
Previous candle closed under Bollinger bands
Type : Neutral
Timeframe : 15 minutes
Williams %R indicator is oversold : under -80
Type : Neutral
Timeframe : 15 minutes
Price is back over the pivot point
Type : Bullish
Timeframe : Weekly
No signals are given by Central Patterns, a market scanner specialised in chart patterns, resistances and supports.
The presence of a bullish Japanese candlestick pattern detected by Central Candlesticks that could cause a very short term rebound was also detected:
Bullish doji star
Type : Bullish
Timeframe : 15 minutes
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 2,049.28 | 2,079.55 | 2,152.79 | 2,166.57 | 2,172.87 | 2,183.68 | 2,196.89 |
| Change (%) | -5.41% | -4.02% | -0.64% | - | +0.29% | +0.79% | +1.40% |
| Change | -117.29 | -87.02 | -13.78 | - | +6.30 | +17.11 | +30.32 |
| Level | Major | Intermediate | Intermediate | - | Intermediate | Major | Minor |
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 |
|---|---|---|---|---|---|---|---|
| Standard | 2,115.21 | 2,140.80 | 2,161.32 | 2,186.91 | 2,207.43 | 2,233.02 | 2,253.54 |
| Camarilla | 2,169.15 | 2,173.38 | 2,177.60 | 2,181.83 | 2,186.06 | 2,190.28 | 2,194.51 |
| Woodie | 2,112.67 | 2,139.53 | 2,158.78 | 2,185.64 | 2,204.89 | 2,231.75 | 2,251.00 |
| Fibonacci | 2,140.80 | 2,158.42 | 2,169.30 | 2,186.91 | 2,204.53 | 2,215.41 | 2,233.02 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 2,104.99 | 2,127.83 | 2,143.41 | 2,166.25 | 2,181.83 | 2,204.67 | 2,220.25 |
| Camarilla | 2,148.44 | 2,151.96 | 2,155.48 | 2,159.00 | 2,162.52 | 2,166.04 | 2,169.57 |
| Woodie | 2,101.37 | 2,126.02 | 2,139.79 | 2,164.44 | 2,178.21 | 2,202.86 | 2,216.63 |
| Fibonacci | 2,127.83 | 2,142.50 | 2,151.57 | 2,166.25 | 2,180.92 | 2,189.99 | 2,204.67 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 1,916.03 | 1,950.16 | 1,997.23 | 2,031.36 | 2,078.43 | 2,112.56 | 2,159.63 |
| Camarilla | 2,021.98 | 2,029.42 | 2,036.87 | 2,044.31 | 2,051.75 | 2,059.20 | 2,066.64 |
| Woodie | 1,922.51 | 1,953.40 | 2,003.71 | 2,034.60 | 2,084.91 | 2,115.80 | 2,166.11 |
| Fibonacci | 1,950.16 | 1,981.18 | 2,000.34 | 2,031.36 | 2,062.38 | 2,081.54 | 2,112.56 |
Numerical data
The following is the status of technical indicators and moving averages registered at the time this technical analysis was created:
Technical indicators
Moving averages
| RSI (14): | 29.87 | |
| MACD (12,26,9): | -2.1000 | |
| Directional Movement: | -13.17 | |
| AROON (14): | -21.43 | |
| DEMA (21): | 2,171.59 | |
| Parabolic SAR (0,02-0,02-0,2): | 2,175.85 | |
| Elder Ray (13): | -3.29 | |
| Super Trend (3,10): | 2,176.62 | |
| Zig ZAG (10): | 2,169.62 | |
| VORTEX (21): | 0.9300 | |
| Stochastique (14,3,5): | 4.73 | |
| TEMA (21): | 2,171.04 | |
| Williams %R (14): | -91.01 | |
| Chande Momentum Oscillator (20): | -4.80 | |
| Repulse (5,40,3): | -0.2000 | |
| ROCnROLL: | 2 | |
| TRIX (15,9): | -0.0100 | |
| Courbe Coppock: | 0.19 |
| MA7: | 2,170.39 | |
| MA20: | 2,133.00 | |
| MA50: | 2,068.32 | |
| MA100: | 2,042.13 | |
| MAexp7: | 2,171.69 | |
| MAexp20: | 2,174.30 | |
| MAexp50: | 2,178.39 | |
| MAexp100: | 2,181.61 | |
| Price / MA7: | -0.18% | |
| Price / MA20: | +1.57% | |
| Price / MA50: | +4.75% | |
| Price / MA100: | +6.09% | |
| Price / MAexp7: | -0.24% | |
| Price / MAexp20: | -0.36% | |
| Price / MAexp50: | -0.54% | |
| Price / MAexp100: | -0.69% |
Quotes :
03/22/2024 - 07:36
-
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:
-
03/21/2024 - 20:26
Gold Daily Forecast and Technical Analysis for March 21, 2024 by Bruce Powers, CMT, FX Empire
-
03/21/2024 - 15:16
Gold Daily Forecast and Technical Analysis for March 21, by Chris Lewis, #CMT, #FXEmpire #gold
-
03/21/2024 - 13:22
Gold remains hot, hot, hot… as the Federal Reserve helps Spot #Gold reach record high. #inflation
-
03/21/2024 - 12:36
Gold Daily Forecast and Technical Analysis for March 21, 2024, by Chris Lewis for FX Empire
-
03/20/2024 - 20:42
Gold Daily Forecast and Technical Analysis for March 20, 2024 by Bruce Powers, CMT, FX Empire
This member declared not having a position on this financial instrument or a related financial instrument.
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