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 11/25/2024 (GMT)

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

Summary of the analysis

Trends
Short term: Strongly bearish
Underlying: Strongly bearish
Technical indicators
17%
61%
22%
My opinion
Bearish under 2,652.82 USD
My targets
2,608.46 USD (-0.89%)
2,577.04 USD (-2.09%)
My analysis
All elements being clearly bearish, it would be possible for traders to trade only short positions (for sale) on GOLD - USD as long as the price remains well below 2,652.82 USD. The sellers' bearish objective is set at 2,608.46 USD. A bearish break of this support would revive the bearish momentum. The sellers could then target the support located at 2,577.04 USD. In case of crossing, the next objective would be the support located at 2,525.34 USD. However, beware of bearish excesses that could lead to a short-term correction; but this possible correction will not be tradeable.

Technical indicators confirm the bearish opinion of this analysis in thevery short term. However, be careful of excessive bearish movements. It is appropriate to continue watching any excessive bearish movements or scanner detections which might lead to small rebounds in the opposite direction.
Force
0
10
7.5

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 Noreir. Take part yourself by sharing additional analysis on another time unit:
1H Daily Weekly

Additional analysis

Quotes

The GOLD - USD rating is 2,631.95 USD. The price registered a decrease of -3.09% on the session with the lowest point at 2,626.34 USD and the highest point at 2,721.34 USD. The deviation from the price is +0.21% for the low point and -3.28% for the high point.

2,626.34
2,721.34
2,631.95

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

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 this 15 min. chart of GOLD - USD indicates that the overall trend is strongly bearish. 92.86% of the signals given by moving averages are bearish. The overall trend is supported by the strong bearish signals from short-term moving averages. There is no crossing of moving average by the price or crossing of moving averages between themselves.

In fact, 11 technical indicators on 18 studied are currently positioned bearish. But beware of excesses. The Central Indicators scanner currently detects this:

Central Indicators

RSI indicator is oversold : under 30

Type : Neutral

Timeframe : 15 minutes


RSI indicator: bullish divergence

Type : Bullish

Timeframe : 15 minutes


Williams %R indicator is oversold : under -80

Type : Neutral

Timeframe : 15 minutes

Central Indicators, the detector scanner for these technical indicators has recently detected several signals:

Central Indicators

Pivot points : price is under support 3

Type : Neutral

Timeframe : 15 minutes


Price is back under the pivot point

Type : Bearish

Timeframe : Weekly



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

The Central Candlesticks scanner which studies Japanese candlesticks did not detect anything.


ProTrendLines
S3
S2
S1
R1
R2
Price


S3S2S1PriceR1R2
ProTrendLines 2,525.34 2,577.04 2,608.46 2,631.95 2,721.33 2,785.43
Change (%) -4.05% -2.09% -0.89% - +3.40% +5.83%
Change -106.61 -54.91 -23.49 - +89.38 +153.48
Level Intermediate Minor Major - Intermediate Major



To determine price objectives, it is also possible to use the pivot points. Here is the price position in relation to pivot points:

Daily
Pivot points S3 S2 S1 PP R1 R2 R3
Standard2,636.772,652.822,684.322,700.372,731.872,747.922,779.42
Camarilla2,702.742,707.102,711.462,715.822,720.182,724.542,728.90
Woodie2,644.502,656.682,692.052,704.232,739.602,751.782,787.15
Fibonacci2,652.822,670.982,682.212,700.372,718.532,729.762,747.92


Weekly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard2,459.222,510.782,613.302,664.862,767.382,818.942,921.46
Camarilla2,673.452,687.572,701.702,715.822,729.942,744.072,758.19
Woodie2,484.702,523.522,638.782,677.602,792.862,831.682,946.94
Fibonacci2,510.782,569.642,606.002,664.862,723.722,760.082,818.94


Monthly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard2,449.762,526.522,636.632,713.392,823.502,900.263,010.37
Camarilla2,695.362,712.492,729.622,746.752,763.882,781.012,798.14
Woodie2,466.452,534.862,653.322,721.732,840.192,908.603,027.06
Fibonacci2,526.522,597.902,642.002,713.392,784.772,828.872,900.26

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): 30.10
MACD (12,26,9): -12.5200
Directional Movement: -31.87
AROON (14): -64.29
DEMA (21): 2,640.02
Parabolic SAR (0,02-0,02-0,2): 2,662.06
Elder Ray (13): -15.74
Super Trend (3,10): 2,655.91
Zig ZAG (10): 2,633.76
VORTEX (21): 0.7300
Stochastique (14,3,5): 5.64
TEMA (21): 2,631.32
Williams %R (14): -90.36
Chande Momentum Oscillator (20): -51.21
Repulse (5,40,3): -0.1800
ROCnROLL: 2
TRIX (15,9): -0.0400
Courbe Coppock: 3.54
MA7: 2,639.80
MA20: 2,671.05
MA50: 2,665.65
MA100: 2,563.64
MAexp7: 2,636.24
MAexp20: 2,654.15
MAexp50: 2,668.23
MAexp100: 2,677.14
Price / MA7: -0.30%
Price / MA20: -1.46%
Price / MA50: -1.26%
Price / MA100: +2.66%
Price / MAexp7: -0.16%
Price / MAexp20: -0.84%
Price / MAexp50: -1.36%
Price / MAexp100: -1.69%

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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