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)

  • Who voted?
  • 137
  • 0
I am delighted to see that my first price objective has been achieved. I hope you've taken advantage of it.
Click here for a new analysis!
  • Timeframe : 15 min.
  • - Analysis generated on
  • Status : TARGET REACHED

Summary of the analysis

Trends
Short term: Neutral
Underlying: Bullish
Technical indicators
28%
33%
39%
My opinion
Bullish above 2,543.25 USD
My targets
2,575.46 USD (+0.30%)
2,592.34 USD (+0.96%)
My analysis
Has the basic bullish trend slowed or is it lacking in power? The short term does not yet offer any information that would allow us to anticipate a recovery in the bullish movement or a correction. Sellers' generally have the upper hand, even if a small correction (not tradeable) on the support located at 2,543.25 USD remains possible. It is advisable to trade GOLD - USD with the greatest caution, while favouring long positions (at the time of purchase) as long as the price remains well above 2,543.25 USD. The next bullish objective for buyers is set at 2,575.46 USD. A bullish break in this resistance would boost the bullish momentum. The buyers could then target the resistance located at 2,592.34 USD. If there is any crossing, the next objective would be the resistance located at 2,624.55 USD. PS: if there is a bearish break in the support located at 2,543.25 USD we suggest that you produce a new automated technical analysis. In fact, conditions should have changed. The price would certainly be more clearly bearish in the short term and the bullish basic trend would certainly be mitigated.

In the very short term, the general bullish sentiment is not called into question, despite technical indicators being indecisive.
Force
0
10
3.4

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.

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

Additional analysis

Quotes

The GOLD - USD rating is 2,567.66 USD. The price has increased by +0.36% since the last closing and was traded between 2,556.83 USD and 2,573.00 USD over the period. The price is currently at +0.42% from its lowest and -0.21% from its highest.

2,556.83
2,573.00
2,567.66

A study of price movements over other periods shows the following variations:
The Central Records scanner for higher/lower results shows the following items:

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


Technical analysis of GOLD - USD in 15 min. shows an overall bullish trend. The signals given by moving averages are 78.57% bullish. This bullish trend could slow down given the neutral signals currently being given by short-term moving averages. The Central Indicators scanner detects bullish and bearish signals on moving averages that could impact this trend:

Central Indicators

Bullish trend reversal : Moving Average 20

Type : Bullish

Timeframe : 15 minutes


Bearish price crossover with Moving Average 50

Type : Bearish

Timeframe : 15 minutes



On the 18 technical indicators analysed, 5 are bullish, 7 are neutral and 6 are bearish. Caution: the Central Indicators scanner currently detects an excess:

Central Indicators

CCI indicator is oversold : under -100

Type : Neutral

Timeframe : 15 minutes


Williams %R indicator is oversold : under -80

Type : Neutral

Timeframe : 15 minutes

Other results related to technical indicators were also found by the Central Indicators scanner:

Central Indicators

Pivot points : price is over resistance 2

Type : Neutral

Timeframe : Weekly


MACD indicator is back under 0

Type : Bearish

Timeframe : 15 minutes


Momentum indicator is back under 0

Type : Bearish

Timeframe : 15 minutes



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

The Central Candlesticks scanner currently notes the presence of this pattern in Japanese candlesticks that could mark the end of the short-term trend currently underway:

Central Candlesticks

Doji

Type : Neutral

Timeframe : 15 minutes




ProTrendLines
S3
S2
S1
Price


S3S2S1Price
ProTrendLines 2,500.53 2,525.34 2,560.14 2,567.66
Change (%) -2.61% -1.65% -0.29% -
Change -67.13 -42.32 -7.52 -
Level Intermediate Major Intermediate -



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

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 is the status of technical indicators and moving averages registered at the time this technical analysis was created:

Technical indicators
Moving averages

RSI (14): 50.16
MACD (12,26,9): 0.4100
Directional Movement: 3.07
AROON (14): -35.71
DEMA (21): 2,568.38
Parabolic SAR (0,02-0,02-0,2): 2,571.19
Elder Ray (13): -0.97
Super Trend (3,10): 2,562.94
Zig ZAG (10): 2,566.31
VORTEX (21): 1.0400
Stochastique (14,3,5): 14.46
TEMA (21): 2,566.74
Williams %R (14): -99.76
Chande Momentum Oscillator (20): -2.51
Repulse (5,40,3): -0.1300
ROCnROLL: -1
TRIX (15,9): 0.0000
Courbe Coppock: 0.07
MA7: 2,525.42
MA20: 2,513.26
MA50: 2,456.98
MA100: 2,398.83
MAexp7: 2,566.65
MAexp20: 2,567.60
MAexp50: 2,564.32
MAexp100: 2,555.57
Price / MA7: +1.67%
Price / MA20: +2.16%
Price / MA50: +4.50%
Price / MA100: +7.04%
Price / MAexp7: +0.04%
Price / MAexp20: +0.00%
Price / MAexp50: +0.13%
Price / MAexp100: +0.47%

Quotes : - Real time data - Gold & Silver Spot

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

About author

Online

Overall rating :
15214
Number of analyses :
Followers :
0
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…

Add a comment

no pic

Comments

0 comments on the analysis GOLD - USD - 15 min.