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 10/24/2024 (GMT)

Timeframe : 15 min.
- Analysis generated on
Status : IN PROGRESS...

Summary of the analysis

Trends

Short term: Bullish

Underlying: Bullish

Technical indicators

56%

44%

My opinion

Bullish above

My targets

()

My analysis

All elements being rather bullish, it would be possible for traders to only trade long positions (at the time of purchase) on GOLD - USD as long as the price remains well above . The buyers' bullish objective is set at . A bullish break in this resistance would boost the bullish momentum. The buyers could then target the resistance located at . If there is any crossing, the next objective would be the resistance located at . Be careful, the short term currently seems to be losing momentum. Its reversal would lead to mitigation of the, bullish, basic trend. If you have another key point closer to the current price, it would be better to only trade long positions (at the time of purchase) above that key point.

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

5.7

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

Additional analysis

Quotes

GOLD - USD rating 2,735.32 USD. The price registered an increase of +0.51% on the session with the lowest point at 2,717.86 USD and the highest point at 2,743.31 USD. The deviation from the price is +0.64% for the low point and -0.29% for the high point.

2,717.86

2,743.31

2,735.32

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

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

A technical analysis in 15 min. of this GOLD - USD chart shows a bullish trend. The signals given by moving averages are 75.00% bullish. This bullish trend is slowing down slightly given the slightly bullish signals of short-term moving averages. An assessment of moving averages reveals several bearish and bullish signals:

Bearish price crossover with adaptative moving average 20

Type : Bearish

Timeframe : 15 minutes

Bullish price crossover with adaptative moving average 20

Type : Bullish

Timeframe : 15 minutes

The probability of a further increase are moderate given the direction of the technical indicators.
Central Indicators, the scanner specialised in technical indicators, has identified this signal:

RSI indicator is back under 50

Type : Bearish

Timeframe : 15 minutes

The analysis of the price chart with Central Patterns scanners does not return any result.

The Central Candlesticks scanner, specialised in Japanese candlesticks, did not identify any signals.

ProTrendLines

Price

	S3	S2	S1	Price	R1	R2
ProTrendLines	2,685.35	2,714.20	2,723.63	2,735.32	2,740.61	2,758.50
Change (%)	-1.83%	-0.77%	-0.43%	-	+0.19%	+0.85%
Change	-49.97	-21.12	-11.69	-	+5.29	+23.18
Level	Minor	Intermediate	Minor	-	Minor	Major

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

Daily

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	2,650.92	2,679.87	2,700.60	2,729.55	2,750.28	2,779.23	2,799.96
Camarilla	2,707.67	2,712.22	2,716.78	2,721.33	2,725.88	2,730.44	2,734.99
Woodie	2,646.81	2,677.82	2,696.49	2,727.50	2,746.17	2,777.18	2,795.85
Fibonacci	2,679.87	2,698.85	2,710.57	2,729.55	2,748.53	2,760.25	2,779.23

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):	50.05
MACD (12,26,9):	0.3300
Directional Movement:	-4.74
AROON (14):	57.14
DEMA (21):	2,734.99
Parabolic SAR (0,02-0,02-0,2):	2,731.05
Elder Ray (13):	0.09
Super Trend (3,10):	2,739.95
Zig ZAG (10):	2,734.70
VORTEX (21):	1.1200
Stochastique (14,3,5):	75.01
TEMA (21):	2,735.32
Williams %R (14):	-21.17
Chande Momentum Oscillator (20):	2.06
Repulse (5,40,3):	0.0400
ROCnROLL:	1
TRIX (15,9):	0.0000
Courbe Coppock:	0.34

MA7:	2,716.24
MA20:	2,670.58
MA50:	2,594.69
MA100:	2,487.22
MAexp7:	2,735.19
MAexp20:	2,734.69
MAexp50:	2,733.70
MAexp100:	2,732.66
Price / MA7:	+0.70%
Price / MA20:	+2.42%
Price / MA50:	+5.42%
Price / MA100:	+9.97%
Price / MAexp7:	+0.00%
Price / MAexp20:	+0.02%
Price / MAexp50:	+0.06%
Price / MAexp100:	+0.10%

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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