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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 - 15 min. - Technical analysis published on 07/24/2024 (GMT)

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Londinia
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  • Timeframe : 15 min.
  • - Analysis generated on
  • Status : TARGET REACHED

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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 2,402.97 USD
My targets
2,417.63 USD (+0.07%)
2,426.75 USD (+0.45%)
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 2,402.97 USD. The next resistance located at 2,417.63 USD is the next bullish objective to be reached. A bullish break in this resistance would boost the bullish momentum. The bullish movement could then continue towards the next resistance located at 2,426.75 USD. After this resistance, buyers could then target 2,441.41 USD. 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.

Noreir
This analysis was given by Noreir. Take part yourself by sharing additional analysis on another time unit:
1H Daily Weekly

Additional analysis

Quotes

The GOLD - USD price is 2,415.87 USD. On the day, this instrument gained +0.31% with the lowest point at 2,404.97 USD and the highest point at 2,418.41 USD. The deviation from the price is +0.45% for the low point and -0.11% for the high point.

2,404.97
2,418.41
2,415.87

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 Central Records scanner, which identifies the highest / lowest, has detected several elements:

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 LOW record (1 month)

Type : Bearish

Timeframe : Weekly



Technical


Technical analysis of GOLD - USD in 15 min. shows a strongly overall bullish trend. 92.86% of the signals given by moving averages are bullish. This strongly bullish trend is supported by the strong bullish signals given by short-term moving averages. The Central Indicators scanner does not detect any result on moving averages that would impact this trend.

An assessment of technical indicators shows a strong bullish signal.
But beware of excesses. The Central Indicators scanner currently detects this:

Central Indicators

CCI indicator is overbought : over 100

Type : Neutral

Timeframe : 15 minutes


Williams %R indicator is overbought : over -20

Type : Neutral

Timeframe : 15 minutes

The Central Indicators scanner specialised in technical indicators, has not detected anything further.

No signals are given by Central Patterns, a market scanner specialised in chart patterns, resistances and supports.

Central Candlesticks, the scanner specialised in Japanese candlesticks, detects this inversion signal that could impact the current short-term trend:

Central Candlesticks

Doji

Type : Neutral

Timeframe : 15 minutes




ProTrendLines
S3
S2
S1
R1
R2
R3
Price


S3S2S1PriceR1R2R3
ProTrendLines 2,388.30 2,401.11 2,412.12 2,415.87 2,426.21 2,439.93 2,451.57
Change (%) -1.14% -0.61% -0.16% - +0.43% +1.00% +1.48%
Change -27.57 -14.76 -3.75 - +10.34 +24.06 +35.70
Level Intermediate Minor Major - 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
Standard2,370.072,379.192,393.852,402.972,417.632,426.752,441.41
Camarilla2,401.982,404.162,406.342,408.522,410.702,412.882,415.06
Woodie2,372.852,380.582,396.632,404.362,420.412,428.142,444.19
Fibonacci2,379.192,388.272,393.882,402.972,412.052,417.662,426.75


Weekly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard2,279.362,336.602,369.272,426.512,459.182,516.422,549.09
Camarilla2,377.232,385.472,393.712,401.952,410.192,418.432,426.68
Woodie2,267.092,330.462,357.002,420.372,446.912,510.282,536.82
Fibonacci2,336.602,370.942,392.162,426.512,460.852,482.072,516.42


Monthly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard2,178.802,232.792,279.782,333.772,380.762,434.752,481.74
Camarilla2,299.002,308.262,317.512,326.772,336.032,345.282,354.54
Woodie2,175.302,231.042,276.282,332.022,377.262,433.002,478.24
Fibonacci2,232.792,271.362,295.202,333.772,372.342,396.182,434.75

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): 64.41
MACD (12,26,9): 2.3300
Directional Movement: 18.00
AROON (14): 50.00
DEMA (21): 2,415.06
Parabolic SAR (0,02-0,02-0,2): 2,408.13
Elder Ray (13): 3.17
Super Trend (3,10): 2,408.60
Zig ZAG (10): 2,416.67
VORTEX (21): 1.1300
Stochastique (14,3,5): 83.16
TEMA (21): 2,416.23
Williams %R (14): -9.30
Chande Momentum Oscillator (20): 4.81
Repulse (5,40,3): 0.0500
ROCnROLL: 1
TRIX (15,9): 0.0100
Courbe Coppock: 0.50
MA7: 2,427.65
MA20: 2,388.44
MA50: 2,361.57
MA100: 2,320.82
MAexp7: 2,415.51
MAexp20: 2,412.36
MAexp50: 2,409.21
MAexp100: 2,406.30
Price / MA7: -0.49%
Price / MA20: +1.15%
Price / MA50: +2.30%
Price / MA100: +4.10%
Price / MAexp7: +0.01%
Price / MAexp20: +0.15%
Price / MAexp50: +0.28%
Price / MAexp100: +0.40%

Quotes : - Real time data - Gold & Silver Spot

News


The latest news and videos published on GOLD - USD at the time of the analysis were as follows:

This member declared not having a position on this financial instrument or a related financial instrument.

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Londinia AI

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