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)

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

56%

39%

My opinion

Bearish under 2,607.76 USD

My targets

2,563.71 USD (-1.32%)

2,539.18 USD (-2.26%)

My analysis

We are currently in a phase of short-term indecision. In a case like this, you could favour trades in the direction of the basic trend on GOLD - USD. As long as you are under the resistance located at 2,607.76 USD, traders with an aggressive trading strategy could consider a sale. A cross of the support located at 2,563.71 USD would be a signal of a reversal in the basic trend and the short-term trend could then quickly become bearish. Sellers would then use the next support located at 2,539.18 USD as an objective. Crossing it would then enable sellers to target 2,495.13 USD. If the resistance 2,607.76 USD were to be broken, this would simply be a sign of possible further short-term consolidation and trading against this trend would then perhaps be more risky.

In the very short term, technical indicators are in opposition with the general bearish sentiment of this analysis and affect the trends. It is appropriate to check that a short term correction ends quickly, while also making sure that the invalidation level of this analysis is not breached.

Force

0.9

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 price is 2,597.91 USD. The price has increased by +0.37% since the last closing with the lowest point at 2,587.02 USD and the highest point at 2,626.53 USD. The deviation from the price is +0.42% for the low point and -1.09% for the high point.

2,587.02

2,626.53

2,597.91

The Central Gaps scanner detects a bullish opening. A small advantage for buyers 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, which identifies the highest / lowest, has detected several elements:

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. The signals given by moving averages are 71.43% bearish. This bearish trend could slow down given the neutral signals currently being given by short-term moving averages. The Central Indicators market scanner currently does not detect any result that concerns moving averages.

In fact, 10 technical indicators on 18 studied are currently bullish. Caution: the Central Indicators scanner currently detects an excess:

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 scanner specialised in technical indicators, has identified this signal:

Pivot points : price is under support 1

Type : Neutral

Timeframe : Weekly

Central Patterns, the scanner specializing in chart patterns, did not identify any signals.

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	2,597.91	2,634.03	2,651.64	2,676.29
Change (%)	-9.08%	-6.61%	-1.40%	-	+1.39%	+2.07%	+3.02%
Change	-235.84	-171.70	-36.25	-	+36.12	+53.73	+78.38
Level	Minor	Minor	Intermediate	-	Minor	Intermediate	Intermediate

Attention could also be paid to pivot points to set price objectives:

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:	-1.89%
Price / MA20:	-1.93%
Price / MA50:	-2.72%
Price / MA100:	-0.31%
Price / MAexp7:	-0.02%
Price / MAexp20:	+0.03%
Price / MAexp50:	-0.15%
Price / MAexp100:	-0.43%

Quotes : - Real time data - Gold & Silver Spot

News

Don't forget to follow the news on GOLD - USD. At the time of publication of this analysis, the latest news was as follows:

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

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