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 11/14/2024 (GMT)

Londinia

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

Summary of the analysis

Trends

Short term: Strongly bullish

Underlying: Slightly bearish

Technical indicators

83%

11%

My opinion

Bullish above 2,553.86 USD

My targets

2,586.41 USD (+0.75%)

2,603.42 USD (+1.42%)

My analysis

The strong short-term increase in GOLD - USD calls into question the currently slightly bearish basic trend. A trend reversal is likely. As long as the price remains above 2,553.86 USD, you could consider taking advantage of the short-term movement. The first bullish objective is located at 2,586.41 USD. The bullish momentum would be boosted by a break in this resistance. Buyers would then use the next resistance located at 2,603.42 USD as an objective. Crossing it would then enable buyers to target 2,635.97 USD. Caution, a return under 2,553.86 USD could jeopardize the reversal.

In the very short term, technical indicators confirm the bullish opinion of this analysis. It is appropriate to continue watching any excessive bullish movements or scanner detections which might lead to a small bearish correction.

Force

2.9

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

Additional analysis

Quotes

The GOLD - USD price is 2,567.06 USD. The price is lower by -0.15% since the last closing with the lowest point at 2,536.87 USD and the highest point at 2,574.76 USD. The deviation from the price is +1.19% for the low point and -0.30% for the high point.

2,536.87

2,574.76

2,567.06

The Central Gaps scanner detects a bullish opening. A small advantage for buyers 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:

Near a new HIGH record (5 years)

Type : Bullish

Timeframe : Weekly

New LOW record (1 month)

Type : Bearish

Timeframe : Weekly

Technical

A technical analysis in 15 min. of this GOLD - USD chart shows a slightly bearish trend. 57.14% of the signals given by moving averages are bearish. Caution: the strong bullish signals currently being given by short-term moving averages indicate that this slightly bearish trend could quickly be reversed. The Central Indicators market scanner is currently detecting several bullish signals that could impact this trend:

Bullish trend reversal : adaptative moving average 100

Type : Bullish

Timeframe : 15 minutes

Moving Average bullish crossovers : MA20 & MA50

Type : Bullish

Timeframe : 15 minutes

An assessment of technical indicators shows a strong bullish signal.
But beware of excesses. The Central Indicators scanner currently detects this:

CCI indicator is overbought : over 100

Type : Neutral

Timeframe : 15 minutes

Williams %R indicator is overbought : over -20

Type : Neutral

Timeframe : 15 minutes

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

Pivot points : price is under support 3

Type : Neutral

Timeframe : Weekly

Ichimoku : price is over the cloud

Type : Bullish

Timeframe : 15 minutes

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

From the Japanese candlestick perspective, the Central Candlesticks scanner notes the presence of these results that could impact the short-term trend:

Bearish harami

Type : Bearish

Timeframe : 15 minutes

Bullish engulfing lines

Type : Bullish

Timeframe : 15 minutes

Doji

Type : Neutral

Timeframe : 15 minutes

Bearish harami cross

Type : Bearish

Timeframe : 15 minutes

ProTrendLines

Price

	S3	S2	S1	Price	R1	R2	R3
ProTrendLines	2,362.07	2,426.21	2,525.34	2,567.06	2,608.46	2,668.58	2,710.43
Change (%)	-7.99%	-5.49%	-1.63%	-	+1.61%	+3.95%	+5.58%
Change	-204.99	-140.85	-41.72	-	+41.40	+101.52	+143.37
Level	Minor	Minor	Minor	-	Major	Intermediate	Major

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

Daily

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	2,504.30	2,536.85	2,553.86	2,586.41	2,603.42	2,635.97	2,652.98
Camarilla	2,557.25	2,561.79	2,566.34	2,570.88	2,575.42	2,579.97	2,584.51
Woodie	2,496.54	2,532.97	2,546.10	2,582.53	2,595.66	2,632.09	2,645.22
Fibonacci	2,536.85	2,555.78	2,567.48	2,586.41	2,605.34	2,617.04	2,635.97

Weekly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	2,530.10	2,586.77	2,636.69	2,693.36	2,743.28	2,799.95	2,849.87
Camarilla	2,657.29	2,667.06	2,676.83	2,686.60	2,696.37	2,706.14	2,715.91
Woodie	2,526.72	2,585.08	2,633.31	2,691.67	2,739.90	2,798.26	2,846.49
Fibonacci	2,586.77	2,627.49	2,652.65	2,693.36	2,734.08	2,759.24	2,799.95

Monthly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	2,449.76	2,526.52	2,636.63	2,713.39	2,823.50	2,900.26	3,010.37
Camarilla	2,695.36	2,712.49	2,729.62	2,746.75	2,763.88	2,781.01	2,798.14
Woodie	2,466.45	2,534.86	2,653.32	2,721.73	2,840.19	2,908.60	3,027.06
Fibonacci	2,526.52	2,597.90	2,642.00	2,713.39	2,784.77	2,828.87	2,900.26

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):	58.79
MACD (12,26,9):	1.7100
Directional Movement:	7.42
AROON (14):	85.71
DEMA (21):	2,558.33
Parabolic SAR (0,02-0,02-0,2):	2,554.04
Elder Ray (13):	3.84
Super Trend (3,10):	2,549.04
Zig ZAG (10):	2,566.81
VORTEX (21):	1.2200
Stochastique (14,3,5):	82.43
TEMA (21):	2,563.23
Williams %R (14):	-11.34
Chande Momentum Oscillator (20):	12.08
Repulse (5,40,3):	0.3200
ROCnROLL:	1
TRIX (15,9):	0.0100
Courbe Coppock:	0.93

MA7:	2,631.46
MA20:	2,704.21
MA50:	2,651.29
MA100:	2,543.49
MAexp7:	2,562.36
MAexp20:	2,556.45
MAexp50:	2,558.69
MAexp100:	2,567.97
Price / MA7:	-2.45%
Price / MA20:	-5.07%
Price / MA50:	-3.18%
Price / MA100:	+0.93%
Price / MAexp7:	+0.18%
Price / MAexp20:	+0.42%
Price / MAexp50:	+0.33%
Price / MAexp100:	-0.04%

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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