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 10/28/2024 (GMT)

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  • Timeframe : 15 min.
  • - Analysis generated on
  • Status : NEUTRAL

Summary of the analysis

Trends
Short term: Bullish
Underlying: Neutral
Technical indicators
67%
0%
33%
My opinion
Neutral between 2,727.64 USD and 2,759.33 USD
My targets
-
My analysis
There is no basic trend on GOLD - USD and in the short term, there are still few buyers. It is difficult to advise a trading direction under these conditions. The nearest resistance is located at 2,759.33 USD. The nearest support is located at 2,727.64 USD. You could remain on the sidelines waiting for a more pronounced price movement on this instrument. A new analysis could then be carried out to provide clearer signals.

In the very short term, technical indicators are bullish and could soon allow change to a bullish sentiment.

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:
1H Daily Weekly

Additional analysis

Quotes

The GOLD - USD price is 2,738.83 USD. On the day, this instrument lost -0.36% and was between 2,724.71 USD and 2,744.60 USD. This implies that the price is at +0.52% from its lowest and at -0.21% from its highest.

2,724.71
2,744.60
2,738.83

A bearish opening was detected by the Central Gaps scanner. Sellers are trying to impose a bearish trend in the very short term.

Central Gaps

Bearish opening

Type : Bearish

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:

Central Records

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 GOLD - USD in 15 min. shows a neutral overall trend. The slightly bullish signals currently given by short-term moving averages could allow the overall trend to return to a slightly bullish trend. The Central Indicators scanner detects bullish signals on moving averages that could impact this trend:

Central Indicators

Bullish trend reversal : adaptative moving average 50

Type : Bullish

Timeframe : 15 minutes


Bullish price crossover with Moving Average 100

Type : Bullish

Timeframe : 15 minutes


Bullish price crossover with adaptative moving average 20

Type : Bullish

Timeframe : 15 minutes



In fact, 12 technical indicators on 18 studied are currently positioned bullish. But beware of excesses. The Central Indicators scanner currently detects this:

Central Indicators

CCI indicator is overbought : over 100

Type : Neutral

Timeframe : 15 minutes


Williams %R indicator is overbought : over -20

Type : Neutral

Timeframe : 15 minutes

The Central Indicators scanner found this result concerning these indicators:

Central Indicators

MACD indicator is back over 0

Type : Bullish

Timeframe : 15 minutes



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

The presence of a bearish pattern in Japanese candlesticks detected by Central Candlesticks that could cause a correction in the very short term was also detected:

Central Candlesticks

Bearish doji star

Type : Bearish

Timeframe : 15 minutes




ProTrendLines
S3
S2
S1
R1
R2
Price


S3S2S1PriceR1R2
ProTrendLines 2,672.68 2,685.35 2,714.20 2,738.83 2,743.31 2,758.50
Change (%) -2.42% -1.95% -0.90% - +0.16% +0.72%
Change -66.15 -53.48 -24.63 - +4.48 +19.67
Level Intermediate Minor 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
Standard2,695.952,706.522,727.642,738.212,759.332,769.902,791.02
Camarilla2,740.062,742.962,745.872,748.772,751.682,754.582,757.49
Woodie2,701.242,709.162,732.932,740.852,764.622,772.542,796.31
Fibonacci2,706.522,718.622,726.102,738.212,750.312,757.792,769.90


Weekly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard2,669.212,689.022,718.892,738.702,768.572,788.382,818.25
Camarilla2,735.112,739.662,744.222,748.772,753.322,757.882,762.43
Woodie2,674.252,691.542,723.932,741.222,773.612,790.902,823.29
Fibonacci2,689.022,707.992,719.722,738.702,757.672,769.402,788.38


Monthly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard2,296.162,384.022,509.872,597.732,723.582,811.442,937.29
Camarilla2,576.942,596.532,616.122,635.712,655.302,674.892,694.48
Woodie2,315.152,393.522,528.862,607.232,742.572,820.942,956.28
Fibonacci2,384.022,465.662,516.102,597.732,679.372,729.812,811.44

Numerical data


The following is the status of the technical indicators and moving averages at the time of publication of this technical analysis:

Technical indicators
Moving averages

RSI (14): 51.05
MACD (12,26,9): -0.2900
Directional Movement: -1.39
AROON (14): 78.57
DEMA (21): 2,733.35
Parabolic SAR (0,02-0,02-0,2): 2,728.54
Elder Ray (13): 1.18
Super Trend (3,10): 2,740.88
Zig ZAG (10): 2,736.84
VORTEX (21): 0.9100
Stochastique (14,3,5): 93.35
TEMA (21): 2,733.61
Williams %R (14): -2.96
Chande Momentum Oscillator (20): 6.39
Repulse (5,40,3): 0.2500
ROCnROLL: 1
TRIX (15,9): 0.0000
Courbe Coppock: 0.21
MA7: 2,733.24
MA20: 2,680.24
MA50: 2,604.24
MA100: 2,496.04
MAexp7: 2,735.36
MAexp20: 2,733.49
MAexp50: 2,734.28
MAexp100: 2,733.90
Price / MA7: +0.20%
Price / MA20: +2.19%
Price / MA50: +5.17%
Price / MA100: +9.73%
Price / MAexp7: +0.13%
Price / MAexp20: +0.20%
Price / MAexp50: +0.17%
Price / MAexp100: +0.18%

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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