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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 - 1H - Technical analysis published on 12/13/2024 (GMT)

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Londinia
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  • Timeframe : 1H
  • - Analysis generated on
  • Status : TARGET REACHED

Summary of the analysis

Trends
Short term: Strongly bearish
Underlying: Bearish
Technical indicators
17%
67%
17%
My opinion
Bearish under 2,676.07 USD
My targets
2,657.10 USD (-0.28%)
2,632.97 USD (-1.18%)
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 2,676.07 USD. The sellers' bearish objective is set at 2,657.10 USD. A bearish break of this support would revive the bearish momentum. The sellers could then target the support located at 2,632.97 USD. In case of crossing, the next objective would be the support located at 2,613.54 USD.

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

Noreir
This analysis was given by Noreir. Take part yourself by sharing additional analysis on another time unit:
15 min. Daily Weekly

Additional analysis

Quotes

The GOLD - USD rating is 2,664.51 USD. The price registered a decrease of -0.60% on the session and was traded between 2,662.45 USD and 2,692.81 USD over the period. The price is currently at +0.08% from its lowest and -1.05% from its highest.

2,662.45
2,692.81
2,664.51

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

Central Gaps

Bearish opening

Type : Bearish

Timeframe : Openning



Here is a more detailed summary of the historical variations registered by GOLD - USD:
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


A technical analysis in 1H of this GOLD - USD chart shows a bearish trend. 75.00% of the signals given by moving averages are bearish. The overall trend is reinforced by the strong bearish signals from short-term moving averages. The Central Indicators scanner does not detect any result on moving averages that would impact this trend.

An assessment of technical indicators shows a bearish signal.
Caution: the Central Indicators scanner currently detects an excess:

Central Indicators

CCI indicator is oversold : under -100

Type : Neutral

Timeframe : 1 hour


Williams %R indicator is oversold : under -80

Type : Neutral

Timeframe : 1 hour

Central Indicators, the scanner specialised in technical indicators, has identified this signal:

Central Indicators

Pivot points : price is over resistance 1

Type : Neutral

Timeframe : Weekly



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

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


ProTrendLines
S3
S2
S1
R1
R2
R3
Price


S3S2S1PriceR1R2R3
ProTrendLines 2,613.54 2,632.97 2,657.10 2,664.51 2,676.07 2,695.67 2,704.52
Change (%) -1.91% -1.18% -0.28% - +0.43% +1.17% +1.50%
Change -50.97 -31.54 -7.41 - +11.56 +31.16 +40.01
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): 35.24
MACD (12,26,9): -7.2100
Directional Movement: -14.22
AROON (14): -78.57
DEMA (21): 2,670.85
Parabolic SAR (0,02-0,02-0,2): 2,683.74
Elder Ray (13): -6.99
Super Trend (3,10): 2,686.73
Zig ZAG (10): 2,668.09
VORTEX (21): 0.9000
Stochastique (14,3,5): 19.92
TEMA (21): 2,667.61
Williams %R (14): -79.81
Chande Momentum Oscillator (20): -20.61
Repulse (5,40,3): -0.0600
ROCnROLL: 2
TRIX (15,9): -0.0400
Courbe Coppock: 0.83
MA7: 2,670.24
MA20: 2,654.37
MA50: 2,671.44
MA100: 2,598.17
MAexp7: 2,671.42
MAexp20: 2,680.42
MAexp50: 2,687.79
MAexp100: 2,683.58
Price / MA7: -0.21%
Price / MA20: +0.38%
Price / MA50: -0.26%
Price / MA100: +2.55%
Price / MAexp7: -0.26%
Price / MAexp20: -0.59%
Price / MAexp50: -0.87%
Price / MAexp100: -0.71%

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.

About author

Londinia
Londinia AI

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