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 09/13/2024 (GMT)

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

Summary of the analysis

Trends
Short term: Strongly bullish
Underlying: Strongly bullish
Technical indicators
28%
22%
50%
My opinion
Bullish above 2,543.25 USD
My targets
2,575.46 USD (+0.24%)
2,592.34 USD (+0.89%)
My analysis
The bullish trend is currently very strong on GOLD - USD. As long as the price remains above the support at 2,543.25 USD, you could try to benefit from the boom. The first bullish objective is located at 2,575.46 USD. The bullish momentum would be boosted by a break in this resistance. Buyers would then use the next resistance located at 2,592.34 USD as an objective. Crossing it would then enable buyers to target 2,624.55 USD. Be careful, given the powerful bullish rally underway, excesses could lead to a possible correction in the short term. If this is the case, remember that trading against the trend may be riskier. It would seem more appropriate to wait for a signal indicating reversal of the trend.

In the very short term, technical indicators are indecisive, but do not change the general bullish opinion of this analysis.
Force
0
10
6.3

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 euletthomas. Take part yourself by sharing additional analysis on another time unit:
1H Daily Weekly

Additional analysis

Quotes

The GOLD - USD price is 2,569.38 USD. The price has increased by +0.42% since the last closing with the lowest point at 2,556.83 USD and the highest point at 2,571.11 USD. The deviation from the price is +0.49% for the low point and -0.07% for the high point.

2,556.83
2,571.11
2,569.38

A study of price movements over other periods shows the following variations:
The study of the highest / lowest by the Central Records scanner shows the following results:

Central Records

New HIGH record (5 years)

Type : Bullish

Timeframe : Weekly


New HIGH record (1 year)

Type : Bullish

Timeframe : Weekly


New HIGH record (1st january)

Type : Bullish

Timeframe : Weekly


New HIGH record (1 month)

Type : Bullish

Timeframe : Weekly



Technical


A technical analysis in 15 min. of this GOLD - USD chart shows a strongly 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. An assessment of moving averages reveals several bullish signals that could impact this trend:

Central Indicators

Bullish price crossover with Moving Average 20

Type : Bullish

Timeframe : 15 minutes


Bullish price crossover with adaptative moving average 20

Type : Bullish

Timeframe : 15 minutes


Bullish price crossover with adaptative moving average 50

Type : Bullish

Timeframe : 15 minutes


Bullish price crossover with adaptative moving average 100

Type : Bullish

Timeframe : 15 minutes



An assessment of technical indicators does not currently provide any relevant information to suggest whether the signal given by the technical indicators is more bullish or bearish.
Central Indicators, the detector scanner for these technical indicators has recently detected several signals:

Central Indicators

Pivot points : price is over resistance 2

Type : Neutral

Timeframe : Weekly


Williams %R indicator is back over -50

Type : Bullish

Timeframe : 15 minutes



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:

Central Candlesticks

White morning star

Type : Bullish

Timeframe : 15 minutes




ProTrendLines
S3
S2
S1
Price


S3S2S1Price
ProTrendLines 2,500.53 2,525.34 2,560.14 2,569.38
Change (%) -2.68% -1.71% -0.36% -
Change -68.85 -44.04 -9.24 -
Level Intermediate Major Intermediate -



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
Standard2,477.282,494.162,526.372,543.252,575.462,592.342,624.55
Camarilla2,545.072,549.572,554.072,558.572,563.072,567.572,572.07
Woodie2,484.942,497.992,534.032,547.082,583.122,596.172,632.21
Fibonacci2,494.162,512.922,524.502,543.252,562.012,573.592,592.34


Weekly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard2,412.372,442.132,469.762,499.522,527.152,556.912,584.54
Camarilla2,481.612,486.872,492.132,497.392,502.652,507.912,513.17
Woodie2,411.312,441.602,468.702,498.992,526.092,556.382,583.48
Fibonacci2,442.132,464.052,477.602,499.522,521.442,534.992,556.91


Monthly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard2,233.732,299.042,401.132,466.442,568.532,633.842,735.93
Camarilla2,457.202,472.542,487.892,503.232,518.582,533.922,549.27
Woodie2,252.132,308.242,419.532,475.642,586.932,643.042,754.33
Fibonacci2,299.042,362.982,402.492,466.442,530.382,569.892,633.84

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): 55.97
MACD (12,26,9): 1.3100
Directional Movement: 10.84
AROON (14): -28.58
DEMA (21): 2,568.13
Parabolic SAR (0,02-0,02-0,2): 2,563.39
Elder Ray (13): 0.13
Super Trend (3,10): 2,562.94
Zig ZAG (10): 2,566.11
VORTEX (21): 1.0400
Stochastique (14,3,5): 31.33
TEMA (21): 2,566.28
Williams %R (14): -74.76
Chande Momentum Oscillator (20): -4.00
Repulse (5,40,3): -0.0600
ROCnROLL: -1
TRIX (15,9): 0.0100
Courbe Coppock: 0.06
MA7: 2,525.19
MA20: 2,513.28
MA50: 2,456.99
MA100: 2,398.83
MAexp7: 2,566.64
MAexp20: 2,566.09
MAexp50: 2,560.79
MAexp100: 2,550.67
Price / MA7: +1.75%
Price / MA20: +2.23%
Price / MA50: +4.57%
Price / MA100: +7.11%
Price / MAexp7: +0.11%
Price / MAexp20: +0.13%
Price / MAexp50: +0.34%
Price / MAexp100: +0.73%

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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