GOLD - USD

- USD (-)

- Real time data - Gold & Silver Spot

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Change:	-
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High / Low range:	-

Type:	Commodities
Ticker:	XAUUSD
ISIN:

GOLD - USD - 1H - Technical analysis published on 12/24/2024 (GMT)

Timeframe : 1H
- Analysis generated on
Status : NEUTRAL

Summary of the analysis

Trends

Short term: Bullish

Underlying: Neutral

Technical indicators

44%

17%

39%

My opinion

Neutral between 2,608.10 USD and 2,634.20 USD

My targets

My analysis

There is no basic trend on GOLD - USD and in the short term, there are still few buyers. It is difficult to advise a trading direction under these conditions. The nearest resistance is located at 2,634.20 USD. The nearest support is located at 2,608.10 USD. You could remain on the sidelines waiting for a more pronounced price movement on this instrument. A new analysis could then be carried out to provide clearer signals.

In the very short term, despite the neutral opinion of this analysis, technical indicators are bullish and could soon allow change to a bullish sentiment.

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

Additional analysis

Quotes

The GOLD - USD price is 2,617.81 USD. On the day, this instrument gained +0.09% and was traded between 2,610.04 USD and 2,621.56 USD over the period. The price is currently at +0.30% from its lowest and -0.14% from its highest.

2,610.04

2,621.56

2,617.81

A bearish opening was detected by the Central Gaps scanner. Sellers are trying to impose a bearish trend in the very short term.

Bearish opening

Type : Bearish

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 an element:

Near a new HIGH record (1 month)

Type : Bullish

Timeframe : Weekly

Technical

Technical analysis of GOLD - USD in 1H shows a neutral overall trend. This indecision could turn into a bullish trend due to the slightly bullish signals currently given by short-term moving averages. The Central Indicators market scanner is currently detecting a bullish signal that could impact this trend:

Bullish trend reversal : adaptative moving average 20

Type : Bullish

Timeframe : 1 hour

In fact, only 8 technical indicators out of 18 studied are currently positioned bullish. Central Indicators, the detector scanner for these technical indicators has recently detected several signals:

MACD crosses UP its Moving Average

Type : Bullish

Timeframe : 1 hour

Parabolic SAR indicator bullish reversal

Type : Bullish

Timeframe : 1 hour

Price is back over the pivot point

Type : Bullish

Timeframe : 1 hour

Price is back under the pivot point

Type : Bearish

Timeframe : Weekly

Williams %R indicator is back under -50

Type : Bearish

Timeframe : 1 hour

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

The Central Candlesticks scanner, specialised in Japanese candlesticks, did not identify any signals.

ProTrendLines

Price

	S3	S2	S1	Price	R1	R2	R3
ProTrendLines	2,561.66	2,583.24	2,608.10	2,617.81	2,634.20	2,672.68	2,700.25
Change (%)	-2.14%	-1.32%	-0.37%	-	+0.63%	+2.10%	+3.15%
Change	-56.15	-34.57	-9.71	-	+16.39	+54.87	+82.44
Level	Intermediate	Minor	Intermediate	-	Intermediate	Intermediate	Minor

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	2,579.52	2,593.85	2,604.71	2,619.04	2,629.90	2,644.23	2,655.09
Camarilla	2,608.65	2,610.96	2,613.27	2,615.58	2,617.89	2,620.20	2,622.51
Woodie	2,577.80	2,592.98	2,602.99	2,618.17	2,628.18	2,643.36	2,653.37
Fibonacci	2,593.85	2,603.47	2,609.41	2,619.04	2,628.66	2,634.60	2,644.23

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):	53.97
MACD (12,26,9):	-0.6000
Directional Movement:	7.57
AROON (14):	-57.14
DEMA (21):	2,614.87
Parabolic SAR (0,02-0,02-0,2):	2,610.04
Elder Ray (13):	2.05
Super Trend (3,10):	2,624.71
Zig ZAG (10):	2,617.97
VORTEX (21):	1.0700
Stochastique (14,3,5):	45.95
TEMA (21):	2,614.33
Williams %R (14):	-27.52
Chande Momentum Oscillator (20):	-0.97
Repulse (5,40,3):	0.1600
ROCnROLL:	1
TRIX (15,9):	0.0000
Courbe Coppock:	0.17

MA7:	2,619.70
MA20:	2,643.79
MA50:	2,668.26
MA100:	2,612.21
MAexp7:	2,615.15
MAexp20:	2,615.67
MAexp50:	2,616.29
MAexp100:	2,620.94
Price / MA7:	-0.07%
Price / MA20:	-0.98%
Price / MA50:	-1.89%
Price / MA100:	+0.21%
Price / MAexp7:	+0.10%
Price / MAexp20:	+0.08%
Price / MAexp50:	+0.06%
Price / MAexp100:	-0.12%

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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