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 12/03/2024 (GMT)

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

Summary of the analysis

Trends

Short term: Bearish

Underlying: Slightly bullish

Technical indicators

17%

44%

39%

My opinion

Neutral between 2,620.52 USD and 2,643.61 USD

My targets

My analysis

The basic trend is slightly bullish and the short term is tentatively bearish. With such a pattern, the price could just as easily move towards the first support as the first resistance. The first support is located at 2,620.52 USD. The first resistance is located at 2,643.61 USD. With no basic trend, it will be important to monitor the reaction of the price to the levels cited. A bearish break in the support could quickly reverse the basic trend. A bullish break in resistance would be welcome to boost the slightly bullish basic trend. On the other hand, if the price is blocked by support or resistance, it could be attractive to trade against the trend on the last short-term movement registered by GOLD - USD.

Technical indicators are bearish in the very shrot term and could soon allow change to a bearish sentiment.

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

GOLD - USD rating 2,639.40 USD. The price is lower by -0.11% since the last closing and was between 2,634.12 USD and 2,650.12 USD. This implies that the price is at +0.20% from its lowest and at -0.40% from its highest.

2,634.12

2,650.12

2,639.40

The Central Gaps scanner detects a bullish opening marking the presence of buyers ahead of sellers at the opening but not sufficiently marked to allow the price to register a quotation gap.

Bullish opening

Type : Bullish

Timeframe : Openning

A study of price movements over other periods shows the following variations:

The Central Records scanner, which identifies the highest / lowest, has detected several elements:

Near a new HIGH record (5 years)

Type : Bullish

Timeframe : Weekly

Near a 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 slightly bullish. 60.71% of the signals given by moving averages are bullish. Caution: the slightly bearish signals currently given by short-term moving averages indicate that the overall trend could be reversed. An assessment of moving averages reveals several bearish signals that could impact this trend:

Bearish trend reversal : adaptative moving average 20

Type : Bearish

Timeframe : 15 minutes

Bearish trend reversal : adaptative moving average 50

Type : Bearish

Timeframe : 15 minutes

Bearish price crossover with Moving Average 100

Type : Bearish

Timeframe : 15 minutes

Bearish price crossover with adaptative moving average 50

Type : Bearish

Timeframe : 15 minutes

In fact, according to the parameters integrated into the Central Analyzer system, only 8 technical indicators out of 18 analysed are currently bearish. Caution: the Central Indicators scanner currently detects an excess:

CCI indicator is oversold : under -100

Type : Neutral

Timeframe : 15 minutes

Williams %R indicator is oversold : under -80

Type : Neutral

Timeframe : 15 minutes

Central Indicators, the scanner specialised in technical indicators, has identified these signals:

Aroon indicator bearish trend

Type : Bearish

Timeframe : 15 minutes

Ichimoku : price is under the cloud

Type : Bearish

Timeframe : 15 minutes

SuperTrend indicator bearish reversal

Type : Bearish

Timeframe : 15 minutes

Ichimoku - Bearish crossover : Tenkan & Kijun

Type : Bearish

Timeframe : 15 minutes

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

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

ProTrendLines

Price

	S3	S2	S1	Price	R1	R2	R3
ProTrendLines	2,605.27	2,621.44	2,633.91	2,639.40	2,672.68	2,688.78	2,721.34
Change (%)	-1.29%	-0.68%	-0.21%	-	+1.26%	+1.87%	+3.10%
Change	-34.13	-17.96	-5.49	-	+33.28	+49.38	+81.94
Level	Minor	Major	Minor	-	Intermediate	Minor	Intermediate

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
Standard	2,575.72	2,598.81	2,620.52	2,643.61	2,665.32	2,688.41	2,710.12
Camarilla	2,629.90	2,634.01	2,638.11	2,642.22	2,646.33	2,650.43	2,654.54
Woodie	2,575.02	2,598.47	2,619.82	2,643.27	2,664.62	2,688.07	2,709.42
Fibonacci	2,598.81	2,615.93	2,626.50	2,643.61	2,660.73	2,671.30	2,688.41

Weekly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	2,480.50	2,542.89	2,596.57	2,658.96	2,712.64	2,775.03	2,828.71
Camarilla	2,618.34	2,628.98	2,639.62	2,650.26	2,660.90	2,671.54	2,682.18
Woodie	2,476.16	2,540.71	2,592.23	2,656.78	2,708.30	2,772.85	2,824.37
Fibonacci	2,542.89	2,587.23	2,614.62	2,658.96	2,703.30	2,730.69	2,775.03

Monthly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	2,311.93	2,424.40	2,537.33	2,649.80	2,762.73	2,875.20	2,988.13
Camarilla	2,588.28	2,608.94	2,629.60	2,650.26	2,670.92	2,691.58	2,712.25
Woodie	2,312.16	2,424.52	2,537.56	2,649.92	2,762.96	2,875.32	2,988.36
Fibonacci	2,424.40	2,510.50	2,563.70	2,649.80	2,735.90	2,789.10	2,875.20

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):	48.37
MACD (12,26,9):	0.2900
Directional Movement:	-1.99
AROON (14):	7.15
DEMA (21):	2,644.56
Parabolic SAR (0,02-0,02-0,2):	2,645.44
Elder Ray (13):	-1.28
Super Trend (3,10):	2,639.30
Zig ZAG (10):	2,641.84
VORTEX (21):	0.9200
Stochastique (14,3,5):	28.57
TEMA (21):	2,643.21
Williams %R (14):	-88.67
Chande Momentum Oscillator (20):	-5.57
Repulse (5,40,3):	-0.2600
ROCnROLL:	2
TRIX (15,9):	0.0000
Courbe Coppock:	0.07

MA7:	2,635.91
MA20:	2,635.75
MA50:	2,669.45
MA100:	2,577.25
MAexp7:	2,641.75
MAexp20:	2,643.95
MAexp50:	2,642.72
MAexp100:	2,641.87
Price / MA7:	+0.13%
Price / MA20:	+0.14%
Price / MA50:	-1.13%
Price / MA100:	+2.41%
Price / MAexp7:	-0.09%
Price / MAexp20:	-0.17%
Price / MAexp50:	-0.13%
Price / MAexp100:	-0.09%

Quotes : - Real time data - Gold & Silver Spot

News

The last news published on GOLD - USD at the time of the generation of this analysis was as follows:

This member declared not having a position on this financial instrument or a related financial instrument.

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