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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 - 1H - Technical analysis published on 04/19/2024 (GMT)

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  • Timeframe : 1H
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Summary of the analysis

Trends
Short term: Neutral
Underlying: Bullish
Technical indicators
33%
22%
44%
My opinion
Bullish above 2,372.85 USD
My targets
2,392.65 USD (+0.45%)
2,431.55 USD (+2.08%)
My analysis
We are currently in a phase of short-term indecision. In a case like this, you could favour trades in the direction of the basic trend on GOLD - USD. As long as you are above the support located at 2,372.85 USD, traders with an aggressive trading strategy could consider a purchase. A cross of the resistance located at 2,392.65 USD would be a signal that the basic trade will reverse and the short-term trend could then quickly become bullish. Buyers would then use the next resistance located at 2,431.55 USD as an objective. If the support 2,372.85 USD were to be broken, this would simply be a sign of a possible continuation of short-term consolidation and trading against the trend would then perhaps be more risky.

Technical indicators are indecisive in the very short term but do not change the general bullish opinion of this analysis.
Force
0
10
2.9

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.

imraanaly
This analysis was given by imraanaly. Take part yourself by sharing additional analysis on another time unit:
15 min. Daily Weekly

Additional analysis

Quotes

The GOLD - USD rating is 2,382.02 USD. On the day, this instrument gained +0.09% and was between 2,373.79 USD and 2,417.91 USD. This implies that the price is at +0.35% from its lowest and at -1.48% from its highest.

2,373.79
2,417.91
2,382.02

A bullish opening was detected by the Central Gaps scanner. Buyers are trying to impose a bullish momentum 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 study of the highest / lowest by the Central Records scanner shows the following results:

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


A technical analysis in 1H of this GOLD - USD chart shows a bullish trend. 71.43% 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 bearish signals on moving averages that could impact this trend:

Central Indicators

Bearish price crossover with Moving Average 20

Type : Bearish

Timeframe : 1 hour


Bearish price crossover with adaptative moving average 20

Type : Bearish

Timeframe : 1 hour



On the 18 technical indicators analysed, 6 are bullish, 8 are neutral and 4 are bearish. Central Indicators, the scanner specialised in technical indicators, has identified this 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.

The Central Candlesticks scanner, specialised in Japanese candlesticks, did not identify any signals.


ProTrendLines
S3
S2
S1
R1
R2
Price


S3S2S1PriceR1R2
ProTrendLines 2,338.35 2,354.74 2,372.85 2,382.02 2,392.65 2,431.55
Change (%) -1.83% -1.15% -0.38% - +0.45% +2.08%
Change -43.67 -27.28 -9.17 - +10.63 +49.53
Level Minor Intermediate Minor - Intermediate 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
Standard2,336.202,350.142,365.002,378.942,393.802,407.742,422.60
Camarilla2,371.952,374.592,377.232,379.872,382.512,385.152,387.79
Woodie2,336.672,350.372,365.472,379.172,394.272,407.972,423.07
Fibonacci2,350.142,361.142,367.942,378.942,389.942,396.742,407.74


Weekly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard2,159.082,231.022,287.672,359.612,416.262,488.202,544.85
Camarilla2,308.962,320.752,332.532,344.322,356.112,367.902,379.68
Woodie2,151.442,227.202,280.032,355.792,408.622,484.382,537.21
Fibonacci2,231.022,280.142,310.492,359.612,408.732,439.082,488.20


Monthly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard1,905.681,972.372,103.032,169.722,300.382,367.072,497.73
Camarilla2,179.412,197.502,215.592,233.682,251.772,269.862,287.95
Woodie1,937.661,988.362,135.012,185.712,332.362,383.062,529.71
Fibonacci1,972.372,047.762,094.342,169.722,245.112,291.692,367.07

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
Moving averages

RSI (14): 50.64
MACD (12,26,9): 2.0600
Directional Movement: 12.30
AROON (14): 7.14
DEMA (21): 2,387.95
Parabolic SAR (0,02-0,02-0,2): 2,378.77
Elder Ray (13): -1.75
Super Trend (3,10): 2,374.81
Zig ZAG (10): 2,383.81
VORTEX (21): 1.0200
Stochastique (14,3,5): 29.01
TEMA (21): 2,388.72
Williams %R (14): -76.04
Chande Momentum Oscillator (20): 5.12
Repulse (5,40,3): -0.1400
ROCnROLL: -1
TRIX (15,9): 0.0200
Courbe Coppock: 0.44
MA7: 2,373.83
MA20: 2,301.55
MA50: 2,173.95
MA100: 2,104.46
MAexp7: 2,386.11
MAexp20: 2,385.01
MAexp50: 2,381.91
MAexp100: 2,376.81
Price / MA7: +0.35%
Price / MA20: +3.50%
Price / MA50: +9.57%
Price / MA100: +13.19%
Price / MAexp7: -0.17%
Price / MAexp20: -0.12%
Price / MAexp50: +0.01%
Price / MAexp100: +0.22%

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.

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Londinia
Londinia AI

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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…

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