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 12/13/2024 (GMT)

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  • Timeframe : 15 min.
  • - Analysis generated on
  • Status : TARGET REACHED

Summary of the analysis

Trends
Short term: Strongly bearish
Underlying: Strongly bearish
Technical indicators
39%
33%
28%
My opinion
Bearish under 2,694.07 USD
My targets
2,661.84 USD (-0.08%)
2,642.97 USD (-0.79%)
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 2,694.07 USD. The sellers' bearish objective is set at 2,661.84 USD. A bearish break of this support would revive the bearish momentum. The sellers could then target the support located at 2,642.97 USD. In case of crossing, the next objective would be the support located at 2,610.74 USD. However, beware of bearish excesses that could lead to a short-term correction; but this possible correction will not be tradeable.

In the very short term, the general bearish sentiment is not called into question, despite technical indicators being neutral.
Force
0
10
5.9

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 price is 2,664.08 USD. The price registered a decrease of -0.62% on the session with the lowest point at 2,662.45 USD and the highest point at 2,692.81 USD. The deviation from the price is +0.06% for the low point and -1.07% for the high point.

2,662.45
2,692.81
2,664.08

The Central Gaps scanner detects a bearish opening. A small advantage for sellers in the very short term.

Central Gaps

Bearish opening

Type : Bearish

Timeframe : Openning



Here is a more detailed summary of the historical variations registered by GOLD - USD:
The Central Records scanner, which identifies the highest / lowest, has detected several elements:

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


A technical analysis in 15 min. of this GOLD - USD chart shows a sharp bearish trend. The signals given by moving averages are 92.86% bearish. This strong bearish trend is confirmed by the strong signals currently being given by short-term moving averages. The Central Indicators scanner detects a bullish signal on moving averages that could impact this trend:

Central Indicators

Bullish price crossover with adaptative moving average 20

Type : Bullish

Timeframe : 15 minutes



The technical indicators are generally neutral. They do not provide relevant information on the direction of future price movements.
Caution: the Central Indicators scanner currently detects an excess:

Central Indicators

MACD indicator: bullish divergence

Type : Bullish

Timeframe : 15 minutes

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

Central Indicators

Pivot points : price is over resistance 1

Type : Neutral

Timeframe : Weekly


Aroon indicator bullish trend

Type : Bullish

Timeframe : 15 minutes


Momentum indicator is back over 0

Type : Bullish

Timeframe : 15 minutes


Williams %R indicator is back over -50

Type : Bullish

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
S3
S2
S1
R1
R2
R3
Price


S3S2S1PriceR1R2R3
ProTrendLines 2,613.54 2,632.97 2,657.10 2,664.08 2,676.07 2,695.67 2,704.52
Change (%) -1.90% -1.17% -0.26% - +0.45% +1.19% +1.52%
Change -50.54 -31.11 -6.98 - +11.99 +31.59 +40.44
Level Minor Intermediate Intermediate - Intermediate Minor Minor



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
Standard2,610.742,642.972,661.842,694.072,712.942,745.172,764.04
Camarilla2,666.662,671.342,676.032,680.712,685.392,690.082,694.76
Woodie2,604.062,639.632,655.162,690.732,706.262,741.832,757.36
Fibonacci2,642.972,662.492,674.552,694.072,713.592,725.652,745.17


Weekly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard2,556.872,585.212,610.042,638.382,663.212,691.552,716.38
Camarilla2,620.262,625.132,630.012,634.882,639.752,644.632,649.50
Woodie2,555.132,584.332,608.302,637.502,661.472,690.672,714.64
Fibonacci2,585.212,605.522,618.072,638.382,658.692,671.242,691.55


Monthly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard2,311.932,424.402,537.332,649.802,762.732,875.202,988.13
Camarilla2,588.282,608.942,629.602,650.262,670.922,691.582,712.25
Woodie2,312.162,424.522,537.562,649.922,762.962,875.322,988.36
Fibonacci2,424.402,510.502,563.702,649.802,735.902,789.102,875.20

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): 41.43
MACD (12,26,9): -3.2400
Directional Movement: -12.55
AROON (14): -71.43
DEMA (21): 2,666.95
Parabolic SAR (0,02-0,02-0,2): 2,664.21
Elder Ray (13): -0.20
Super Trend (3,10): 2,675.29
Zig ZAG (10): 2,667.33
VORTEX (21): 0.8000
Stochastique (14,3,5): 63.64
TEMA (21): 2,666.50
Williams %R (14): -38.63
Chande Momentum Oscillator (20): 1.44
Repulse (5,40,3): 0.0400
ROCnROLL: 2
TRIX (15,9): -0.0200
Courbe Coppock: 0.34
MA7: 2,670.24
MA20: 2,654.37
MA50: 2,671.44
MA100: 2,598.17
MAexp7: 2,667.61
MAexp20: 2,672.00
MAexp50: 2,677.98
MAexp100: 2,684.41
Price / MA7: -0.23%
Price / MA20: +0.37%
Price / MA50: -0.28%
Price / MA100: +2.54%
Price / MAexp7: -0.13%
Price / MAexp20: -0.30%
Price / MAexp50: -0.52%
Price / MAexp100: -0.76%

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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