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 12/31/2024 (GMT)

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Timeframe : 15 min.
- Analysis generated on
Status : INVALID

Summary of the analysis

Trends

Short term: Strongly bearish

Underlying: Neutral

Technical indicators

11%

50%

39%

My opinion

Bearish under 2,610.37 USD

My targets

2,592.57 USD (-0.60%)

2,578.29 USD (-1.15%)

My analysis

The current short-term bearish trend is expected to quickly fix the basic bearish trend. To avoid contradicting the short term, it would be possible to favour short positions (for sale) for GOLD - USD as long as the price remains well below 2,610.37 USD. The sellers' bearish objective is set at 2,592.57 USD. A bearish break of this support would revive the bearish momentum. The sellers could then target the support located at 2,578.29 USD. If there is any crossing, the next objective would be the support located at 2,560.49 USD.

Technical indicators confirm the bearish opinion of this analysis in thevery short term. However, be careful of excessive bearish movements. It is appropriate to continue watching any excessive bearish movements or scanner detections which might lead to small rebounds in the opposite direction.

Force

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 xlife1974. Take part yourself by sharing additional analysis on another time unit:

Additional analysis

Quotes

The GOLD - USD rating is 2,608.25 USD. The price has increased by +0.05% since the last closing and was traded between 2,602.66 USD and 2,617.83 USD over the period. The price is currently at +0.21% from its lowest and -0.37% from its highest.

2,602.66

2,617.83

2,608.25

Here is a more detailed summary of the historical variations registered by GOLD - USD:

The study of the highest / lowest by the Central Records scanner shows the following result:

Near a new HIGH record (1 month)

Type : Bullish

Timeframe : Weekly

Technical

Technical analysis of this 15 min. chart of GOLD - USD indicates that the overall trend is not clearly defined. The strong bearish signals currently being given by short-term moving averages could allow the overall trend to return to a bearish trend. The Central Indicators market scanner currently does not detect any result that concerns moving averages.

In fact, only 9 technical indicators out of 18 studied are currently positioned bearish. Caution: the Central Indicators scanner currently detects an excess:

Williams %R indicator is oversold : under -80

Type : Neutral

Timeframe : 15 minutes

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

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

Price

	S3	S2	S1	Price	R1	R2	R3
ProTrendLines	2,587.02	2,596.10	2,603.69	2,608.25	2,608.88	2,621.67	2,633.36
Change (%)	-0.81%	-0.47%	-0.17%	-	+0.02%	+0.51%	+0.96%
Change	-21.23	-12.15	-4.56	-	+0.63	+13.42	+25.11
Level	Minor	Major	Minor	-	Intermediate	Minor	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
Standard	2,560.49	2,578.29	2,592.57	2,610.37	2,624.65	2,642.45	2,656.73
Camarilla	2,598.02	2,600.96	2,603.90	2,606.84	2,609.78	2,612.72	2,615.66
Woodie	2,558.72	2,577.41	2,590.80	2,609.49	2,622.88	2,641.57	2,654.96
Fibonacci	2,578.29	2,590.55	2,598.12	2,610.37	2,622.63	2,630.20	2,642.45

Weekly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	2,573.86	2,591.02	2,604.86	2,622.02	2,635.86	2,653.02	2,666.86
Camarilla	2,610.19	2,613.03	2,615.87	2,618.71	2,621.55	2,624.39	2,627.24
Woodie	2,572.21	2,590.19	2,603.21	2,621.19	2,634.21	2,652.19	2,665.21
Fibonacci	2,591.02	2,602.86	2,610.18	2,622.02	2,633.86	2,641.18	2,653.02

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):	47.74
MACD (12,26,9):	0.2400
Directional Movement:	-4.70
AROON (14):	-71.43
DEMA (21):	2,611.83
Parabolic SAR (0,02-0,02-0,2):	2,613.43
Elder Ray (13):	-1.08
Super Trend (3,10):	2,609.08
Zig ZAG (10):	2,610.19
VORTEX (21):	1.0400
Stochastique (14,3,5):	17.28
TEMA (21):	2,611.10
Williams %R (14):	-83.85
Chande Momentum Oscillator (20):	-4.72
Repulse (5,40,3):	-0.0100
ROCnROLL:	-1
TRIX (15,9):	0.0000
Courbe Coppock:	0.29

MA7:	2,617.91
MA20:	2,638.81
MA50:	2,661.42
MA100:	2,619.75
MAexp7:	2,611.19
MAexp20:	2,611.51
MAexp50:	2,610.43
MAexp100:	2,611.17
Price / MA7:	-0.37%
Price / MA20:	-1.16%
Price / MA50:	-2.00%
Price / MA100:	-0.44%
Price / MAexp7:	-0.11%
Price / MAexp20:	-0.12%
Price / MAexp50:	-0.08%
Price / MAexp100:	-0.11%

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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