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
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This analysis was given by philiptino88. Take part yourself by sharing additional analysis on another time unit:
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:
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:
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:
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
S3 | S2 | S1 | Price | R1 | |
---|---|---|---|---|---|
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 |
---|---|---|---|---|---|---|---|
Standard | 2,600.92 | 2,618.82 | 2,629.52 | 2,647.42 | 2,658.12 | 2,676.02 | 2,686.72 |
Camarilla | 2,632.35 | 2,634.97 | 2,637.59 | 2,640.21 | 2,642.83 | 2,645.45 | 2,648.08 |
Woodie | 2,597.31 | 2,617.02 | 2,625.91 | 2,645.62 | 2,654.51 | 2,674.22 | 2,683.11 |
Fibonacci | 2,618.82 | 2,629.75 | 2,636.50 | 2,647.42 | 2,658.35 | 2,665.10 | 2,676.02 |
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 | 2,419.53 | 2,501.39 | 2,562.59 | 2,644.45 | 2,705.65 | 2,787.51 | 2,848.71 |
Camarilla | 2,584.46 | 2,597.57 | 2,610.69 | 2,623.80 | 2,636.91 | 2,650.03 | 2,663.14 |
Woodie | 2,409.21 | 2,496.23 | 2,552.27 | 2,639.29 | 2,695.33 | 2,782.35 | 2,838.39 |
Fibonacci | 2,501.39 | 2,556.04 | 2,589.80 | 2,644.45 | 2,699.10 | 2,732.86 | 2,787.51 |
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
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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 (January 03): Gold Tests Resistance Again
-
XAU/USD Weekly Forecast, Technical Analysis (Jan 6 - 10): Gold Bounces for the Week
-
XAU/USD Price Forecast Today, Technical Analysis (January 03): Gold Pulls Back on Friday
-
XAU/USD Price Forecast Today, Technical Analysis (January 02): Gold Rises to Challenge Resistance
-
Gold Price Forecast - Can Gold Shine Again? (January 3, 2025)
This member declared not having a position on this financial instrument or a related financial instrument.
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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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