GOLD - USD
GOLD - USD
3,016.78 USD (-0.14%)
03/26/2025 - 19:31 Open Real time data - Gold & Silver Spot
Open: 3,021.01
Change: -4.21
Volume: 444,442
Low: 3,012.40
High: 3,032.10
High / Low range: 19.70
Type: Commodities
Ticker: XAUUSD
ISIN:

GOLD - USD - 15 min. - Technical analysis published on 12/19/2024 (GMT)

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  • 12/19/2024 - 16:56
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  • Timeframe : 15 min.
  • - Analysis generated on 12/19/2024 - 16:56
  • Status : LEVEL MAINTAINED

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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
GOLD - USD is part of a very strong bearish trend. Traders may consider trading only short positions (for sale) as long as the price remains well below 2,607.76 USD. The next support located at 2,563.71 USD is the next bearish objective to target. A bearish break of this support would revive the bearish momentum. The bearish movement could then continue towards the next support located at 2,539.18 USD. Below this support, sellers could then target 2,495.13 USD. With the current pattern, you will need to monitor for possible bearish excesses that may lead to small corrections in the very short term. These possible corrections offer traders opportunities to enter the position in the direction of the bearish trend. Trying to profit from the purchase of these possible corrections may seem risky.

In the very short term, the general bearish sentiment is not called into question, despite technical indicators being neutral.
Force
0
10
6.4

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:
1H Daily Weekly

Additional analysis

Quotes

The GOLD - USD rating is 2,592.37 USD. On the day, this instrument gained +0.16% 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
2,592.37

So that you have an overall view of the price change, here is a table showing the variations over several periods:
Created with Raphaël 2.3.0-150153045January 1st3 years1 year6 months1 month5 daysToday
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 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 scanner does not detect any result on moving averages that would impact this trend.

An assessment of technical indicators does not currently provide any relevant information on the direction of future price movements.
Central Indicators, the detector scanner for these technical indicators has recently detected several signals:

Central Indicators

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.

Central Candlesticks, the scanner specialised in Japanese candlesticks, detects a bullish signal that could support the hypothesis of a small rebound in the very short term:

Central Candlesticks

Bullish engulfing lines

Type : Bullish

Timeframe : 15 minutes




ProTrendLines
S3
S2
S1
R1
R2
R3
Price


S3S2S1PriceR1R2R3
ProTrendLines 2,362.07 2,426.21 2,561.66 2,592.37 2,634.03 2,651.64 2,676.29
Change (%) -8.88% -6.41% -1.18% - +1.61% +2.29% +3.24%
Change -230.30 -166.16 -30.71 - +41.66 +59.27 +83.92
Level Minor Minor Intermediate - Minor Intermediate 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
Standard2,495.132,539.182,563.712,607.762,632.292,676.342,700.87
Camarilla2,569.372,575.662,581.942,588.232,594.522,600.802,607.09
Woodie2,485.362,534.302,553.942,602.882,622.522,671.462,691.10
Fibonacci2,539.182,565.382,581.572,607.762,633.962,650.152,676.34


Weekly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard2,511.222,569.392,609.972,668.142,708.722,766.892,807.47
Camarilla2,623.402,632.462,641.512,650.562,659.612,668.662,677.72
Woodie2,502.442,564.992,601.192,663.742,699.942,762.492,798.69
Fibonacci2,569.392,607.112,630.412,668.142,705.862,729.162,766.89


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 is the status of the technical indicators and moving averages at the time of publication of this technical analysis:

Technical indicators
Created with Raphaël 2.3.0Sell8
Moving averages
Created with Raphaël 2.3.0Sell26

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: 2,646.69
MA20: 2,648.74
MA50: 2,670.43
MA100: 2,605.93
MAexp7: 2,592.64
MAexp20: 2,598.26
MAexp50: 2,605.56
MAexp100: 2,612.78
Price / MA7: -2.05%
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 : 12/19/2024 - 16:56 - 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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