GOLD - USD

- USD (-)

- Real time data - Gold & Silver Spot

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Type:	Commodities
Ticker:	XAUUSD
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GOLD - USD - 15 min. - Technical analysis published on 12/19/2024 (GMT)

Londinia

I am pleased to note that the threshold for invalidation has been maintained for 20 Candlesticks.
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Timeframe : 15 min.
- Analysis generated on
Status : LEVEL MAINTAINED

Summary of the analysis

Trends

Short term: Neutral

Underlying: Bearish

Technical indicators

50%

44%

My opinion

Bearish under 2,607.76 USD

My targets

2,563.71 USD (-1.30%)

2,539.18 USD (-2.25%)

My analysis

Has the basic bearish trend slowed or is it lacking in power? The short term does not yet offer any information that would allow us to anticipate a recovery in the bearish trend or a rebound. Sellers' generally have the upper hand, even if a small correction (not tradeable) on the resistance located at 2,607.76 USD remains possible. It is advisable to trade GOLD - USD with the greatest caution, while favouring short positions (for sale) as long as the price remains well below 2,607.76 USD. The next bearish objective for sellers 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. PS: if there is a bullish break in the resistance located at 2,607.76 USD we suggest that you produce a new automated technical analysis. In fact, conditions should have changed. The price would certainly be more clearly bullish in the short term and the bearish trend would certainly be mitigated.

Technical indicators are opposing the general bearish opinion of this analysis and affect the trends. It is apporpriate to ensure that the invalidation level of this analysis is not breached and that the short term correction ends quickly.

Force

1.1

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

The GOLD - USD rating is 2,597.52 USD. The price registered an increase of +0.36% on the session and was between 2,587.02 USD and 2,626.53 USD. This implies that the price is at +0.41% from its lowest and at -1.10% from its highest.

2,587.02

2,626.53

2,597.52

A bullish opening was detected by the Central Gaps scanner. Buyers are trying to impose a bullish momentum in the very short term.

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 Central Records scanner for higher/lower results shows the following items:

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 an overall bearish trend. 71.43% of the signals given by moving averages are bearish. Caution: the neutral signals currently given by short-term moving averages show us that the global trend is losing momentum. The Central Indicators market scanner is currently detecting a bullish signal that could impact this trend:

Bullish trend reversal : Moving Average 20

Type : Bullish

Timeframe : 15 minutes

In fact, only 9 technical indicators out of 18 studied are currently bullish. But beware of excesses. The Central Indicators scanner currently detects this:

CCI indicator is overbought : over 100

Type : Neutral

Timeframe : 15 minutes

Williams %R indicator is overbought : over -20

Type : Neutral

Timeframe : 15 minutes

Central Indicators, the detector scanner for these technical indicators recently detected a signal:

Pivot points : price is under support 1

Type : Neutral

Timeframe : Weekly

The analysis of the price chart with Central Patterns scanners does not return any result.

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	2,597.52	2,634.03	2,651.64	2,676.29
Change (%)	-9.06%	-6.60%	-1.38%	-	+1.41%	+2.08%	+3.03%
Change	-235.45	-171.31	-35.86	-	+36.51	+54.12	+78.77
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):	54.45
MACD (12,26,9):	-1.1100
Directional Movement:	2.39
AROON (14):	100.00
DEMA (21):	2,594.58
Parabolic SAR (0,02-0,02-0,2):	2,593.03
Elder Ray (13):	2.36
Super Trend (3,10):	2,603.24
Zig ZAG (10):	2,600.17
VORTEX (21):	1.0300
Stochastique (14,3,5):	87.51
TEMA (21):	2,597.69
Williams %R (14):	-11.21
Chande Momentum Oscillator (20):	8.14
Repulse (5,40,3):	0.0800
ROCnROLL:	-1
TRIX (15,9):	-0.0200
Courbe Coppock:	0.56

MA7:	2,648.00
MA20:	2,649.14
MA50:	2,670.59
MA100:	2,606.01
MAexp7:	2,598.35
MAexp20:	2,597.12
MAexp50:	2,601.92
MAexp100:	2,609.11
Price / MA7:	-1.91%
Price / MA20:	-1.95%
Price / MA50:	-2.74%
Price / MA100:	-0.33%
Price / MAexp7:	-0.03%
Price / MAexp20:	+0.02%
Price / MAexp50:	-0.17%
Price / MAexp100:	-0.44%

Quotes : - Real time data - Gold & Silver Spot

News

The latest news and videos published on GOLD - USD at the time of the analysis were as follows:

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

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