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 03/22/2024 (GMT)

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  • Timeframe : 15 min.
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Summary of the analysis

Trends
Short term: Strongly bullish
Underlying: Slightly bearish
Technical indicators
83%
0%
17%
My opinion
Bullish above 2,161.32 USD
My targets
2,186.91 USD (+0.61%)
2,207.43 USD (+1.55%)
My analysis
The current short-term bullish trend is expected to quickly reset the neutral or bullish trend. To avoid contradicting the short term, it would be possible to favour long positions (at the time of purchase) for GOLD - USD as long as the price remains well above 2,161.32 USD. The buyers' bullish objective is set at 2,186.91 USD. A bullish break in this resistance would boost the bullish momentum. The buyers could then target the resistance located at 2,207.43 USD. If there is any crossing, the next objective would be the resistance located at 2,233.02 USD. As the basic trend is not clearly displayed, attention should be paid to the price reaction to the resistance at 2,186.91 USD. On this resistance, against the trend traders who would like to go short on GOLD - USD with a bearish signal from their trading strategy, should not hesitate to act.

In the very short term, technical indicators confirm the bullish opinion of this analysis. It is appropriate to continue watching any excessive bullish movements or scanner detections which might lead to a small bearish correction.
Force
0
10
3

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

GOLD - USD rating 2,173.69 USD. The price registered a decrease of -0.37% on the session and was between 2,162.62 USD and 2,186.15 USD. This implies that the price is at +0.51% from its lowest and at -0.57% from its highest.

2,162.62
2,186.15
2,173.69

The Central Gaps scanner detects a bullish opening. A small advantage for buyers in the very short term.

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 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 slightly bearish. Only 57.14% of the signals given by moving averages are bearish. This slightly bearish trend could quickly be reversed due to the strong bullish 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.

In fact, 15 technical indicators on 18 studied are currently positioned bullish. Caution: the Central Indicators scanner currently detects an excess:

Central Indicators

CCI indicator is overbought : over 100

Type : Neutral

Timeframe : 15 minutes


Previous candle closed over Bollinger bands

Type : Neutral

Timeframe : 15 minutes


Williams %R indicator is overbought : over -20

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



The analysis of the price chart with Central Patterns scanners does not return any result.

No result was found by the Central Candlesticks scanner on Japanese candlesticks.


ProTrendLines
S3
S2
S1
R1
R2
R3
Price


S3S2S1PriceR1R2R3
ProTrendLines 2,079.55 2,152.79 2,172.87 2,173.69 2,183.68 2,196.89 2,211.82
Change (%) -4.33% -0.96% -0.04% - +0.46% +1.07% +1.75%
Change -94.14 -20.90 -0.82 - +9.99 +23.20 +38.13
Level Intermediate Intermediate Intermediate - Major Minor Minor



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
Standard2,115.212,140.802,161.322,186.912,207.432,233.022,253.54
Camarilla2,169.152,173.382,177.602,181.832,186.062,190.282,194.51
Woodie2,112.672,139.532,158.782,185.642,204.892,231.752,251.00
Fibonacci2,140.802,158.422,169.302,186.912,204.532,215.412,233.02


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 are the details of the technical indicators and moving averages that were collected to generate this technical analysis:

Technical indicators
Moving averages

RSI (14): 58.64
MACD (12,26,9): 0.4400
Directional Movement: 10.87
AROON (14): 21.42
DEMA (21): 2,170.18
Parabolic SAR (0,02-0,02-0,2): 2,166.83
Elder Ray (13): 2.93
Super Trend (3,10): 2,166.51
Zig ZAG (10): 2,174.48
VORTEX (21): 1.1200
Stochastique (14,3,5): 86.50
TEMA (21): 2,172.82
Williams %R (14): -9.22
Chande Momentum Oscillator (20): 9.58
Repulse (5,40,3): 0.2400
ROCnROLL: 1
TRIX (15,9): -0.0100
Courbe Coppock: 0.41
MA7: 2,171.51
MA20: 2,133.47
MA50: 2,068.51
MA100: 2,042.22
MAexp7: 2,173.16
MAexp20: 2,170.23
MAexp50: 2,172.53
MAexp100: 2,176.59
Price / MA7: +0.10%
Price / MA20: +1.89%
Price / MA50: +5.08%
Price / MA100: +6.44%
Price / MAexp7: +0.02%
Price / MAexp20: +0.16%
Price / MAexp50: +0.05%
Price / MAexp100: -0.13%

Quotes : - 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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