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 10/23/2024 (GMT)

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Timeframe : 15 min.
- Analysis generated on
Status : INVALID

Summary of the analysis

Trends

Short term: Neutral

Underlying: Bullish

Technical indicators

33%

11%

56%

My opinion

Bullish above 2,738.74 USD

My targets

2,756.85 USD (+0.39%)

2,767.09 USD (+0.76%)

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 2,738.74 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 2,738.74 USD. The next bullish objective for buyers is set at 2,756.85 USD. A bullish break in this resistance would boost the bullish momentum. The buyers could then target the resistance located at 2,767.09 USD. If there is any crossing, the next objective would be the resistance located at 2,785.20 USD. PS: if there is a bearish break in the support located at 2,738.74 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.

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

Force

4.6

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 Anasabbas1991. Take part yourself by sharing additional analysis on another time unit:

Additional analysis

Quotes

The GOLD - USD rating is 2,746.27 USD. The price registered a decrease of -0.01% on the session and was between 2,745.86 USD and 2,747.11 USD. This implies that the price is at +0.01% from its lowest and at -0.03% from its highest.

2,745.86

2,747.11

2,746.27

A bullish opening was detected by the Central Gaps scanner. Buyers are trying to impose a bullish momentum in the very short term.

Bullish opening

Type : Bullish

Timeframe : Openning

Here is a more detailed summary of the historical variations registered by GOLD - USD:

The study of the highest / lowest by the Central Records scanner shows the following results:

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 this 15 min. chart of GOLD - USD indicates that the overall trend is bullish. 78.57% of the signals given by moving averages are bullish. Caution: the neutral signals currently given by the short-term moving averages indicate that this bullish trend is showing signs of running out of steam. The Central Indicators market scanner is currently detecting a bullish signal that could impact this trend:

Bullish trend reversal : Moving Average 20

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

Momentum indicator is back under 0

Type : Bearish

Timeframe : 15 minutes

Williams %R indicator is back under -50

Type : Bearish

Timeframe : 15 minutes

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

No result was found by the Central Candlesticks scanner on Japanese candlesticks.

ProTrendLines

Price

	S3	S2	S1	Price
ProTrendLines	2,672.68	2,714.20	2,740.61	2,746.27
Change (%)	-2.68%	-1.17%	-0.21%	-
Change	-73.59	-32.07	-5.66	-
Level	Major	Intermediate	Intermediate	-

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
Standard	2,700.15	2,710.39	2,728.50	2,738.74	2,756.85	2,767.09	2,785.20
Camarilla	2,738.80	2,741.40	2,744.00	2,746.60	2,749.20	2,751.80	2,754.40
Woodie	2,704.08	2,712.36	2,732.43	2,740.71	2,760.78	2,769.06	2,789.13
Fibonacci	2,710.39	2,721.22	2,727.91	2,738.74	2,749.57	2,756.26	2,767.09

Weekly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	2,580.97	2,609.54	2,665.46	2,694.03	2,749.95	2,778.52	2,834.44
Camarilla	2,698.14	2,705.88	2,713.63	2,721.37	2,729.12	2,736.86	2,744.61
Woodie	2,594.64	2,616.38	2,679.13	2,700.87	2,763.62	2,785.36	2,848.11
Fibonacci	2,609.54	2,641.82	2,661.76	2,694.03	2,726.31	2,746.25	2,778.52

Monthly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	2,296.16	2,384.02	2,509.87	2,597.73	2,723.58	2,811.44	2,937.29
Camarilla	2,576.94	2,596.53	2,616.12	2,635.71	2,655.30	2,674.89	2,694.48
Woodie	2,315.15	2,393.52	2,528.86	2,607.23	2,742.57	2,820.94	2,956.28
Fibonacci	2,384.02	2,465.66	2,516.10	2,597.73	2,679.37	2,729.81	2,811.44

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):	59.48
MACD (12,26,9):	1.4600
Directional Movement:	5.64
AROON (14):	35.72
DEMA (21):	2,748.84
Parabolic SAR (0,02-0,02-0,2):	2,748.99
Elder Ray (13):	0.29
Super Trend (3,10):	2,743.14
Zig ZAG (10):	2,747.43
VORTEX (21):	1.1100
Stochastique (14,3,5):	64.98
TEMA (21):	2,748.23
Williams %R (14):	-41.96
Chande Momentum Oscillator (20):	-1.16
Repulse (5,40,3):	-0.0300
ROCnROLL:	-1
TRIX (15,9):	0.0100
Courbe Coppock:	0.08

MA7:	2,693.88
MA20:	2,663.73
MA50:	2,583.50
MA100:	2,479.88
MAexp7:	2,747.10
MAexp20:	2,746.75
MAexp50:	2,743.02
MAexp100:	2,738.12
Price / MA7:	+1.94%
Price / MA20:	+3.10%
Price / MA50:	+6.30%
Price / MA100:	+10.74%
Price / MAexp7:	-0.03%
Price / MAexp20:	-0.02%
Price / MAexp50:	+0.12%
Price / MAexp100:	+0.30%

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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