GOLD - USD

- USD (-)

- Real time data - Gold & Silver Spot

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Type:	Commodities
Ticker:	XAUUSD
ISIN:

GOLD - USD - 15 min. - Technical analysis published on 08/16/2024 (GMT)

Londinia

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Timeframe : 15 min.
- Analysis generated on
Status : LEVEL MAINTAINED

Summary of the analysis

Trends

Short term: Bearish

Underlying: Bearish

Technical indicators

28%

33%

39%

My opinion

Bearish under 2,474.26 USD

My targets

2,436.34 USD (-0.68%)

2,415.31 USD (-1.53%)

My analysis

There is a bearish trend on GOLD - USD both at the basic level and in the short term. A sale could be considered, so long as the price remains below 2,474.26 USD. Each support break is a strong signal that the current trend will continue. The first bearish objective would be 2,436.34 USD. Then the price could move towards 2,415.31 USD. Then 2,398.42 USD by extension. Be careful, a return to above the resistance 2,474.26 USD would be a sign of a weakening of the trend and a possible rebound phase could then occur. In this case, you could keep away while waiting for a signal that the basic trend will resume. Trading against the trend is perhaps more risky.

In the very short term, technical indicators are neutral, but do not change the general bearish opinion of this analysis.

Force

4.1

Comment on the analysis

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 world script ltda. Take part yourself by sharing additional analysis on another time unit:

Additional analysis

Quotes

The GOLD - USD rating is 2,452.90 USD. The price is lower by -0.18% since the last closing and was traded between 2,450.80 USD and 2,460.11 USD over the period. The price is currently at +0.09% from its lowest and -0.29% from its highest.

2,450.80

2,460.11

2,452.90

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.

Bullish opening

Type : Bullish

Timeframe : Openning

A study of price movements over other periods shows the following variations:

The Central Records scanner for higher/lower results shows the following items:

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 this 15 min. chart of GOLD - USD indicates that the overall trend is bearish. 75.00% of the signals given by moving averages are bearish. The overall trend seems to be showing some signs of weakness, as do the tentative bearish signals from short-term moving averages. The Central Indicators market scanner is currently detecting a bearish signal that could impact this trend:

Bearish price crossover with Moving Average 20

Type : Bearish

Timeframe : 15 minutes

The technical indicators are generally neutral. They do not provide relevant information on the direction of future price movements.
Central Indicators, the detector scanner for these technical indicators recently detected a signal:

Williams %R indicator is back under -50

Type : Bearish

Timeframe : 15 minutes

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

Central Candlesticks, the scanner specialised in Japanese candlesticks, detects a bearish signal that could support the hypothesis of a small drop in the very short term:

Three black crows

Type : Bearish

Timeframe : 15 minutes

ProTrendLines

Price

	S3	S2	S1	Price	R1	R2	R3
ProTrendLines	2,416.73	2,432.34	2,445.88	2,452.90	2,458.69	2,470.12	2,480.14
Change (%)	-1.47%	-0.84%	-0.29%	-	+0.24%	+0.70%	+1.11%
Change	-36.17	-20.56	-7.02	-	+5.79	+17.22	+27.24
Level	Minor	Intermediate	Minor	-	Minor	Intermediate	Intermediate

Attention could also be paid to pivot points to set price objectives:

Daily

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	2,398.42	2,415.31	2,436.34	2,453.23	2,474.26	2,491.15	2,512.18
Camarilla	2,446.94	2,450.42	2,453.89	2,457.37	2,460.85	2,464.32	2,467.80
Woodie	2,400.49	2,416.35	2,438.41	2,454.27	2,476.33	2,492.19	2,514.25
Fibonacci	2,415.31	2,429.80	2,438.75	2,453.23	2,467.72	2,476.67	2,491.15

Weekly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	2,282.37	2,323.35	2,376.89	2,417.87	2,471.41	2,512.39	2,565.93
Camarilla	2,404.43	2,413.09	2,421.76	2,430.42	2,439.08	2,447.75	2,456.41
Woodie	2,288.64	2,326.49	2,383.16	2,421.01	2,477.68	2,515.53	2,572.20
Fibonacci	2,323.35	2,359.46	2,381.77	2,417.87	2,453.98	2,476.29	2,512.39

Monthly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	2,183.11	2,250.83	2,348.31	2,416.03	2,513.51	2,581.23	2,678.71
Camarilla	2,400.37	2,415.51	2,430.66	2,445.80	2,460.94	2,476.09	2,491.23
Woodie	2,198.00	2,258.27	2,363.20	2,423.47	2,528.40	2,588.67	2,693.60
Fibonacci	2,250.83	2,313.93	2,352.92	2,416.03	2,479.13	2,518.12	2,581.23

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):	48.32
MACD (12,26,9):	-0.0900
Directional Movement:	2.74
AROON (14):	85.71
DEMA (21):	2,454.74
Parabolic SAR (0,02-0,02-0,2):	2,453.42
Elder Ray (13):	-0.15
Super Trend (3,10):	2,458.47
Zig ZAG (10):	2,454.71
VORTEX (21):	0.9400
Stochastique (14,3,5):	52.94
TEMA (21):	2,454.75
Williams %R (14):	-71.52
Chande Momentum Oscillator (20):	0.95
Repulse (5,40,3):	-0.1100
ROCnROLL:	2
TRIX (15,9):	0.0000
Courbe Coppock:	0.12

MA7:	2,450.50
MA20:	2,420.33
MA50:	2,382.90
MA100:	2,362.98
MAexp7:	2,454.96
MAexp20:	2,455.06
MAexp50:	2,455.34
MAexp100:	2,455.51
Price / MA7:	+0.10%
Price / MA20:	+1.35%
Price / MA50:	+2.94%
Price / MA100:	+3.81%
Price / MAexp7:	-0.08%
Price / MAexp20:	-0.09%
Price / MAexp50:	-0.10%
Price / MAexp100:	-0.11%

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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