GOLD - USD
GOLD - USD
- USD (-)
- Real time data - Gold & Silver Spot
Open: -
Change: -
Volume: -
Low: -
High: -
High / Low range: -
Type: Commodities
Ticker: XAUUSD
ISIN:

GOLD - USD - 1H - Technical analysis published on 12/25/2024 (GMT)

  • 140
  • 0
  • Timeframe : 1H
  • - Analysis generated on
  • Status : NEUTRAL

Summary of the analysis

Trends
Short term: Bullish
Underlying: Slightly bearish
Technical indicators
56%
6%
39%
My opinion
Neutral between 2,608.28 USD and 2,634.45 USD
My targets
-
My analysis
The short-term increase on GOLD - USD remains moderate but could challenge the slightly bearish basic trend. It is difficult to advise a trading direction under these conditions. The first resistance is located at 2,634.45 USD. The first support is located at 2,608.28 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.

Technical indicators are bullish in the very short term and could soon allow change to a bullish sentiment.

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 Anasabbas1991. Take part yourself by sharing additional analysis on another time unit:
15 min. Daily Weekly

Additional analysis

Quotes

GOLD - USD rating 2,616.43 USD. The price has increased by +0.03% since the last closing and was between 2,610.04 USD and 2,621.56 USD. This implies that the price is at +0.24% from its lowest and at -0.20% from its highest.

2,610.04
2,621.56
2,616.43

The Central Gaps scanner detects a bearish opening. A small advantage for sellers in the very short term.

Central Gaps

Bearish opening

Type : Bearish

Timeframe : Openning



A study of price movements over other periods shows the following variations:
The Central Records scanner, which identifies the highest / lowest, has detected an element:

Central Records

Near a new HIGH record (1 month)

Type : Bullish

Timeframe : Weekly



Technical


Technical analysis of GOLD - USD in 1H shows an overall slightly bearish trend. Only 53.57% of the signals given by moving averages are bearish. This slightly bearish trend could turn neutral or reverse given the slightly bullish signals currently being given by short-term moving averages. The Central Indicators scanner detects a bearish signal on moving averages that could impact this trend:

Central Indicators

Bearish trend reversal : Moving Average 20

Type : Bearish

Timeframe : 1 hour



In fact, 10 technical indicators on 18 studied are currently bullish. Central Indicators, the detector scanner for these technical indicators recently detected a signal:

Central Indicators

Price is back under the pivot point

Type : Bearish

Timeframe : Weekly



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

Central Candlesticks, the scanner specialised in Japanese candlesticks, detects this inversion signal that could impact the current short-term trend:

Central Candlesticks

Doji

Type : Neutral

Timeframe : 1 hour




ProTrendLines
S3
S2
S1
R1
R2
R3
Price


S3S2S1PriceR1R2R3
ProTrendLines 2,561.66 2,583.24 2,608.28 2,616.43 2,634.45 2,672.68 2,692.81
Change (%) -2.09% -1.27% -0.31% - +0.69% +2.15% +2.92%
Change -54.77 -33.19 -8.15 - +18.02 +56.25 +76.38
Level Intermediate Minor Intermediate - Intermediate Major Minor



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
Standard2,598.942,604.492,610.462,616.012,621.982,627.532,633.50
Camarilla2,613.262,614.322,615.372,616.432,617.492,618.542,619.60
Woodie2,599.152,604.602,610.672,616.122,622.192,627.642,633.71
Fibonacci2,604.492,608.892,611.612,616.012,620.412,623.132,627.53


Weekly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard2,501.672,542.452,582.902,623.682,664.132,704.912,745.36
Camarilla2,601.002,608.452,615.892,623.342,630.792,638.232,645.68
Woodie2,501.502,542.372,582.732,623.602,663.962,704.832,745.19
Fibonacci2,542.452,573.482,592.652,623.682,654.712,673.882,704.91


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 are the details of the technical indicators and moving averages that were collected to generate this technical analysis:

Technical indicators
Moving averages

RSI (14): 50.83
MACD (12,26,9): -0.0800
Directional Movement: 5.33
AROON (14): -50.00
DEMA (21): 2,615.82
Parabolic SAR (0,02-0,02-0,2): 2,610.94
Elder Ray (13): 0.39
Super Trend (3,10): 2,624.71
Zig ZAG (10): 2,616.43
VORTEX (21): 1.0400
Stochastique (14,3,5): 64.84
TEMA (21): 2,615.86
Williams %R (14): -31.80
Chande Momentum Oscillator (20): 0.76
Repulse (5,40,3): 0.0200
ROCnROLL: -1
TRIX (15,9): 0.0000
Courbe Coppock: 0.10
MA7: 2,619.49
MA20: 2,643.72
MA50: 2,668.24
MA100: 2,612.20
MAexp7: 2,616.29
MAexp20: 2,616.06
MAexp50: 2,616.36
MAexp100: 2,620.64
Price / MA7: -0.12%
Price / MA20: -1.03%
Price / MA50: -1.94%
Price / MA100: +0.16%
Price / MAexp7: +0.01%
Price / MAexp20: +0.01%
Price / MAexp50: +0.00%
Price / MAexp100: -0.16%

Quotes : - 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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