GOLD - USD
GOLD - USD
- USD (-)
- Real time data - Gold & Silver Spot
Open: -
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Type: Commodities
Ticker: XAUUSD
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GOLD - USD - Weekly - Technical analysis published on 01/04/2025 (GMT)

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  • Timeframe : Weekly
  • - Analysis generated on
  • Status : TARGET REACHED

Summary of the analysis

Trends
Short term: Strongly bullish
Underlying: Strongly bullish
Technical indicators
28%
39%
33%
My opinion
Bullish above 2,561.66 USD
My targets
2,785.43 USD (+5.50%)
My analysis
The bullish trend is currently very strong on GOLD - USD. As long as the price remains above the support at 2,561.66 USD, you could try to benefit from the boom. The first bullish objective is located at 2,785.43 USD. The bullish momentum would be boosted by a break in this resistance. Be careful, given the powerful bullish rally underway, excesses could lead to a possible correction in the short term. If this is the case, remember that trading against the trend may be riskier. It would seem more appropriate to wait for a signal indicating reversal of the trend.

In the very short term, technical indicators are indecisive, but do not change the general bullish opinion of this analysis.
Force
0
10
5.7

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 philiptino88. Take part yourself by sharing additional analysis on another time unit:
15 min. 1H Daily

Additional analysis

Quotes

The GOLD - USD rating is 2,640.21 USD. The price is up +0.82% over 5 days and was traded between 2,602.66 USD and 2,665.33 USD over the period. The price is currently at +1.44% from its lowest point and -0.94% from its highest point.

2,602.66
2,665.33
2,640.21

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 for higher/lower results shows the following items:

Central Records

Near a new HIGH record (5 years)

Type : Bullish

Timeframe : Weekly


Near a new HIGH record (1 year)

Type : Bullish

Timeframe : Weekly


New HIGH record (1st january)

Type : Bullish

Timeframe : Weekly


Near a new HIGH record (1 month)

Type : Bullish

Timeframe : Weekly



Technical


Technical analysis of GOLD - USD in Weekly shows a strongly overall bullish trend. 92.86% of the signals given by moving averages are bullish. The overall trend is supported by the strong bullish signals from short-term moving averages. The Central Indicators scanner detects a bullish signal on moving averages that could impact this trend:

Central Indicators

Bullish price crossover with Moving Average 20

Type : Bullish

Timeframe : Weekly



In fact, Central Analyzer took into account 18 technical indicators and the result was as follows: 5 are bullish, 6 are neutral and 7 are bearish. Central Indicators, the detector scanner for these technical indicators recently detected a signal:

Central Indicators

Pivot points : price is over resistance 1

Type : Neutral

Timeframe : Weekly



The analysis of the price chart with Central Patterns scanners does not return any result.

No result was found by the Central Candlesticks scanner on Japanese candlesticks.


ProTrendLines
S3
S2
S1
R1
Price


S3S2S1PriceR1
ProTrendLines 1,819.49 2,049.28 2,561.66 2,640.21 2,785.43
Change (%) -31.09% -22.38% -2.98% - +5.50%
Change -820.72 -590.93 -78.55 - +145.22
Level Intermediate Major Intermediate - Major



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

Daily
Pivot points S3 S2 S1 PP R1 R2 R3
Standard2,600.922,618.822,629.522,647.422,658.122,676.022,686.72
Camarilla2,632.352,634.972,637.592,640.212,642.832,645.452,648.08
Woodie2,597.312,617.022,625.912,645.622,654.512,674.222,683.11
Fibonacci2,618.822,629.752,636.502,647.422,658.352,665.102,676.02


Weekly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard2,573.862,591.022,604.862,622.022,635.862,653.022,666.86
Camarilla2,610.192,613.032,615.872,618.712,621.552,624.392,627.24
Woodie2,572.212,590.192,603.212,621.192,634.212,652.192,665.21
Fibonacci2,591.022,602.862,610.182,622.022,633.862,641.182,653.02


Monthly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard2,419.532,501.392,562.592,644.452,705.652,787.512,848.71
Camarilla2,584.462,597.572,610.692,623.802,636.912,650.032,663.14
Woodie2,409.212,496.232,552.272,639.292,695.332,782.352,838.39
Fibonacci2,501.392,556.042,589.802,644.452,699.102,732.862,787.51

Numerical data


The following is the status of technical indicators and moving averages registered at the time this technical analysis was created:

Technical indicators
Moving averages

RSI (14): 57.30
MACD (12,26,9): 63.3200
Directional Movement: 9.90
AROON (14): -14.29
DEMA (21): 2,700.93
Parabolic SAR (0,02-0,02-0,2): 2,727.19
Elder Ray (13): -2.28
Super Trend (3,10): 2,547.73
Zig ZAG (10): 2,640.21
VORTEX (21): 1.1400
Stochastique (14,3,5): 35.75
TEMA (21): 2,675.60
Williams %R (14): -59.20
Chande Momentum Oscillator (20): -18.03
Repulse (5,40,3): -0.2700
ROCnROLL: 1
TRIX (15,9): 0.5000
Courbe Coppock: 3.99
MA7: 2,629.27
MA20: 2,639.20
MA50: 2,656.08
MA100: 2,625.38
MAexp7: 2,639.95
MAexp20: 2,604.04
MAexp50: 2,445.74
MAexp100: 2,265.58
Price / MA7: +0.42%
Price / MA20: +0.04%
Price / MA50: -0.60%
Price / MA100: +0.56%
Price / MAexp7: +0.01%
Price / MAexp20: +1.39%
Price / MAexp50: +7.95%
Price / MAexp100: +16.54%

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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