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 12/19/2024 (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

33%

44%

22%

My opinion

Bearish under 2,607.76 USD

My targets

2,563.71 USD (-1.11%)

2,539.18 USD (-2.05%)

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 2,607.76 USD. The sellers' bearish objective is set at 2,563.71 USD. A bearish break of this support would revive the bearish momentum. The sellers could then target the support located at 2,539.18 USD. In case of crossing, the next objective would be the support located at 2,495.13 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

6.4

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 Anaya121. Take part yourself by sharing additional analysis on another time unit:

Additional analysis

Quotes

GOLD - USD rating 2,592.44 USD. The price has increased by +0.16% since the last closing and was between 2,587.02 USD and 2,626.53 USD. This implies that the price is at +0.21% from its lowest and at -1.30% from its highest.

2,587.02

2,626.53

2,592.44

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

So that you have an overall view of the price change, here is a table showing the variations over several periods:

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

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 GOLD - USD in 15 min. shows a overall strongly bearish trend. 92.86% of the signals given by moving averages are bearish. This strongly bearish trend is supported by the strong bearish signals given by short-term moving averages. The Central Indicators market scanner currently does not detect any result that concerns moving averages.

An assessment of technical indicators does not currently provide any relevant information to suggest whether the signal given by the technical indicators is more bullish or bearish.
Central Indicators, the detector scanner for these technical indicators has recently detected several signals:

Pivot points : price is under support 1

Type : Neutral

Timeframe : Weekly

MACD crosses UP its Moving Average

Type : Bullish

Timeframe : 15 minutes

Parabolic SAR indicator bullish reversal

Type : Bullish

Timeframe : 15 minutes

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

For a small rebound in the very short term, the Central Candlesticks scanner currently notes the presence of this bullish pattern in Japanese candlesticks:

Bullish engulfing lines

Type : Bullish

Timeframe : 15 minutes

ProTrendLines

Price

	S3	S2	S1	Price	R1	R2	R3
ProTrendLines	2,362.07	2,426.21	2,561.66	2,592.44	2,634.03	2,651.64	2,676.29
Change (%)	-8.89%	-6.41%	-1.19%	-	+1.60%	+2.28%	+3.23%
Change	-230.37	-166.23	-30.78	-	+41.59	+59.20	+83.85
Level	Minor	Minor	Intermediate	-	Minor	Intermediate	Intermediate

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
Standard	2,495.13	2,539.18	2,563.71	2,607.76	2,632.29	2,676.34	2,700.87
Camarilla	2,569.37	2,575.66	2,581.94	2,588.23	2,594.52	2,600.80	2,607.09
Woodie	2,485.36	2,534.30	2,553.94	2,602.88	2,622.52	2,671.46	2,691.10
Fibonacci	2,539.18	2,565.38	2,581.57	2,607.76	2,633.96	2,650.15	2,676.34

Weekly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	2,511.22	2,569.39	2,609.97	2,668.14	2,708.72	2,766.89	2,807.47
Camarilla	2,623.40	2,632.46	2,641.51	2,650.56	2,659.61	2,668.66	2,677.72
Woodie	2,502.44	2,564.99	2,601.19	2,663.74	2,699.94	2,762.49	2,798.69
Fibonacci	2,569.39	2,607.11	2,630.41	2,668.14	2,705.86	2,729.16	2,766.89

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 are the details of the technical indicators and moving averages that were collected to generate this technical analysis:

Technical indicators

Moving averages

RSI (14):	37.17
MACD (12,26,9):	-5.9800
Directional Movement:	-10.97
AROON (14):	-71.43
DEMA (21):	2,590.71
Parabolic SAR (0,02-0,02-0,2):	2,587.15
Elder Ray (13):	-0.65
Super Trend (3,10):	2,603.24
Zig ZAG (10):	2,594.26
VORTEX (21):	0.7300
Stochastique (14,3,5):	23.57
TEMA (21):	2,587.02
Williams %R (14):	-62.38
Chande Momentum Oscillator (20):	-7.52
Repulse (5,40,3):	0.0300
ROCnROLL:	2
TRIX (15,9):	-0.0300
Courbe Coppock:	1.10

MA7:	2,647.54
MA20:	2,648.92
MA50:	2,670.51
MA100:	2,605.97
MAexp7:	2,592.64
MAexp20:	2,598.26
MAexp50:	2,605.56
MAexp100:	2,612.78
Price / MA7:	-2.08%
Price / MA20:	-2.13%
Price / MA50:	-2.92%
Price / MA100:	-0.52%
Price / MAexp7:	-0.01%
Price / MAexp20:	-0.22%
Price / MAexp50:	-0.50%
Price / MAexp100:	-0.78%

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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