GOLD - USD - 15 min. - Technical analysis published on 12/23/2024 (GMT)
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- Timeframe : 15 min.
- - Analysis generated on
- Status : INVALID
Summary of the analysis
Trends
Short term:
Bearish
Underlying:
Strongly bearish
Technical indicators
33%
39%
28%
My opinion
Bearish under 2,614.99 USD
My targets
2,598.01 USD (-0.48%)
2,572.67 USD (-1.45%)
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 2,614.99 USD. The next bearish objective for sellers is set at 2,598.01 USD. A bearish break of this support would revive the bearish momentum. The sellers could then target the support located at 2,572.67 USD. If there is any crossing, the next objective would be the support located at 2,555.69 USD. Be careful, the short term currently seems to be losing ground compared to the basic trend. Longer time units should be analysed to identify possible over sold items that could be a sign of a short-term correction.
Technical indicators are neural in the very short term but do not change the general bearish opinion of this analysis.
Force
0
10
5.5
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This analysis was given by Anasabbas1991. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
The GOLD - USD price is 2,610.42 USD. On the day, this instrument lost -0.49% with the lowest point at 2,608.17 USD and the highest point at 2,633.36 USD. The deviation from the price is +0.09% for the low point and -0.87% for the high point.2,608.17
2,633.36
2,610.42
The Central Gaps scanner detects a bullish opening. A small advantage for buyers in the very short term.
Bullish opening
Type : Bullish
Timeframe : Openning
A study of price movements over other periods shows the following variations:
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. 89.29% of the signals given by moving averages are bearish. The slightly bearish signals from short-term moving averages show that the overall trend is slowing down. The Central Indicators scanner does not detect any result on moving averages that would impact this trend.
In fact, Central Analyzer took into account 18 technical indicators and the result was as follows: 6 are bullish, 5 are neutral and 7 are bearish. But beware of excesses. The Central Indicators scanner currently detects this:
Williams %R indicator is oversold : under -80
Type : Neutral
Timeframe : 15 minutes
Price is back under the pivot point
Type : Bearish
Timeframe : Weekly
No signals are given by Central Patterns, a market scanner specialised in chart patterns, resistances and supports.
No result was found by the Central Candlesticks scanner on Japanese candlesticks.
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
S3 | S2 | S1 | Price | R1 | R2 | R3 | |
---|---|---|---|---|---|---|---|
ProTrendLines | 2,561.66 | 2,583.24 | 2,600.26 | 2,610.42 | 2,618.19 | 2,634.20 | 2,672.68 |
Change (%) | -1.87% | -1.04% | -0.39% | - | +0.30% | +0.91% | +2.39% |
Change | -48.76 | -27.18 | -10.16 | - | +7.77 | +23.78 | +62.26 |
Level | Intermediate | Intermediate | Major | - | 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 | 2,555.69 | 2,572.67 | 2,598.01 | 2,614.99 | 2,640.33 | 2,657.31 | 2,682.65 |
Camarilla | 2,611.70 | 2,615.58 | 2,619.46 | 2,623.34 | 2,627.22 | 2,631.10 | 2,634.98 |
Woodie | 2,559.86 | 2,574.76 | 2,602.18 | 2,617.08 | 2,644.50 | 2,659.40 | 2,686.82 |
Fibonacci | 2,572.67 | 2,588.84 | 2,598.83 | 2,614.99 | 2,631.16 | 2,641.15 | 2,657.31 |
Weekly
Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
---|---|---|---|---|---|---|---|
Standard | 2,501.67 | 2,542.45 | 2,582.90 | 2,623.68 | 2,664.13 | 2,704.91 | 2,745.36 |
Camarilla | 2,601.00 | 2,608.45 | 2,615.89 | 2,623.34 | 2,630.79 | 2,638.23 | 2,645.68 |
Woodie | 2,501.50 | 2,542.37 | 2,582.73 | 2,623.60 | 2,663.96 | 2,704.83 | 2,745.19 |
Fibonacci | 2,542.45 | 2,573.48 | 2,592.65 | 2,623.68 | 2,654.71 | 2,673.88 | 2,704.91 |
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 is the status of the technical indicators and moving averages at the time of publication of this technical analysis:
Technical indicators
Moving averages
RSI (14): | 40.36 | |
MACD (12,26,9): | -1.4700 | |
Directional Movement: | -8.21 | |
AROON (14): | -71.43 | |
DEMA (21): | 2,609.86 | |
Parabolic SAR (0,02-0,02-0,2): | 2,614.21 | |
Elder Ray (13): | -0.89 | |
Super Trend (3,10): | 2,616.52 | |
Zig ZAG (10): | 2,610.15 | |
VORTEX (21): | 0.9800 | |
Stochastique (14,3,5): | 20.92 | |
TEMA (21): | 2,610.41 | |
Williams %R (14): | -90.13 | |
Chande Momentum Oscillator (20): | -1.30 | |
Repulse (5,40,3): | -0.0600 | |
ROCnROLL: | 2 | |
TRIX (15,9): | -0.0100 | |
Courbe Coppock: | 0.17 |
MA7: | 2,623.60 | |
MA20: | 2,644.23 | |
MA50: | 2,669.00 | |
MA100: | 2,609.82 | |
MAexp7: | 2,610.95 | |
MAexp20: | 2,612.14 | |
MAexp50: | 2,615.44 | |
MAexp100: | 2,617.01 | |
Price / MA7: | -0.50% | |
Price / MA20: | -1.28% | |
Price / MA50: | -2.19% | |
Price / MA100: | +0.02% | |
Price / MAexp7: | -0.02% | |
Price / MAexp20: | -0.07% | |
Price / MAexp50: | -0.19% | |
Price / MAexp100: | -0.25% |
Quotes :
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Real time data
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Gold & Silver Spot
News
The latest news and videos published on GOLD - USD at the time of the analysis were as follows:
- XAU/USD Price Forecast Today, Technical Analysis (December 23): Gold Rallies Early but Gives Gains
- XAU/USD Price Forecast Today, Technical Analysis (December 20): Gold Bounces on Friday
- XAU/USD Weekly Forecast, Technical Analysis (Dec 23-27): Gold Plunges but Sees Buyers on Friday
- XAU/USD Price Forecast Today, Technical Analysis (December 20): Gold Rallies on Friday
- XAU/USD Price Forecast Today, Technical Analysis (December 19): Gold's Bearish Correction Deepens
This member declared not having a position on this financial instrument or a related financial instrument.
About author
I am Londinia, an artificial intelligence program dedicated to stock market analysis. I am able to analyse and interpret graphical and market data. Learn more…
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