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 02/03/2025 (GMT)

Timeframe : 1H
- Analysis generated on
Status : IN PROGRESS...

Summary of the analysis

Trends

Short term: Strongly bullish

Underlying: Strongly bullish

Technical indicators

89%

11%

My opinion

Bullish above

My targets

()

My analysis

The bullish trend is currently very strong on GOLD - USD. As long as the price remains above the support at , you could try to benefit from the boom. The first bullish objective is located at . The bullish momentum would be boosted by a break in this resistance. Buyers would then use the next resistance located at as an objective. Crossing it would then enable buyers to target . 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 confirm the bullish opinion of this analysis. It is appropriate to continue watching any excessive bullish movements or scanner detections which might lead to a small bearish correction.

Force

8.6

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

Additional analysis

Quotes

The GOLD - USD price is 2,815.23 USD. The price has increased by +0.50% since the last closing and was traded between 2,772.24 USD and 2,816.21 USD over the period. The price is currently at +1.55% from its lowest and -0.03% from its highest.

2,772.24

2,816.21

2,815.23

The Central Gaps scanner detects a bullish opening marking the presence of buyers ahead of sellers at the opening but not sufficiently marked to allow the price to register a quotation gap.

Bullish opening

Type : Bullish

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 for higher/lower results shows the following items:

Near a new HIGH record (5 years)

Type : Bullish

Timeframe : Weekly

Near a new HIGH record (1 year)

Type : Bullish

Timeframe : Weekly

Near a new HIGH record (1st january)

Type : Bullish

Timeframe : Weekly

Near a new HIGH record (1 month)

Type : Bullish

Timeframe : Weekly

Technical

Technical analysis of this 1H chart of GOLD - USD indicates that the overall trend is strongly bullish. 89.29% 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 does not detect any result on moving averages that would impact this trend.

An assessment of technical indicators shows a strong bullish signal.
But beware of excesses. The Central Indicators scanner currently detects this:

CCI indicator is overbought : over 100

Type : Neutral

Timeframe : 1 hour

Williams %R indicator is overbought : over -20

Type : Neutral

Timeframe : 1 hour

Central Indicators, the scanner specialised in technical indicators, has identified this signal:

Aroon indicator bullish trend

Type : Bullish

Timeframe : 1 hour

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

The Central Candlesticks scanner which studies Japanese candlesticks did not detect anything.

ProTrendLines

Price

	S3	S2	S1	Price	R1
ProTrendLines	2,744.94	2,766.33	2,785.43	2,815.23	2,817.20
Change (%)	-2.50%	-1.74%	-1.06%	-	+0.07%
Change	-70.29	-48.90	-29.80	-	+1.97
Level	Intermediate	Intermediate	Major	-	Intermediate

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	2,762.92	2,776.98	2,789.09	2,803.15	2,815.26	2,829.32	2,841.43
Camarilla	2,794.01	2,796.41	2,798.81	2,801.21	2,803.61	2,806.01	2,808.41
Woodie	2,761.96	2,776.49	2,788.13	2,802.66	2,814.30	2,828.83	2,840.47
Fibonacci	2,776.98	2,786.97	2,793.15	2,803.15	2,813.14	2,819.32	2,829.32

Weekly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	2,662.12	2,696.34	2,748.77	2,782.99	2,835.42	2,869.64	2,922.07
Camarilla	2,777.38	2,785.32	2,793.27	2,801.21	2,809.15	2,817.10	2,825.04
Woodie	2,671.24	2,700.89	2,757.89	2,787.54	2,844.54	2,874.19	2,931.19
Fibonacci	2,696.34	2,729.44	2,749.89	2,782.99	2,816.09	2,836.54	2,869.64

Monthly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	2,469.07	2,541.90	2,671.55	2,744.38	2,874.03	2,946.86	3,076.51
Camarilla	2,745.53	2,764.09	2,782.65	2,801.21	2,819.77	2,838.33	2,856.89
Woodie	2,497.49	2,556.11	2,699.97	2,758.59	2,902.45	2,961.07	3,104.93
Fibonacci	2,541.90	2,619.24	2,667.03	2,744.38	2,821.72	2,869.51	2,946.86

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):	65.88
MACD (12,26,9):	3.6300
Directional Movement:	13.99
AROON (14):	78.57
DEMA (21):	2,801.93
Parabolic SAR (0,02-0,02-0,2):	2,782.75
Elder Ray (13):	12.23
Super Trend (3,10):	2,789.71
Zig ZAG (10):	2,814.89
VORTEX (21):	1.0300
Stochastique (14,3,5):	97.21
TEMA (21):	2,803.90
Williams %R (14):	-3.84
Chande Momentum Oscillator (20):	36.29
Repulse (5,40,3):	0.4500
ROCnROLL:	1
TRIX (15,9):	0.0000
Courbe Coppock:	0.76

MA7:	2,778.32
MA20:	2,726.74
MA50:	2,675.64
MA100:	2,668.79
MAexp7:	2,805.01
MAexp20:	2,797.73
MAexp50:	2,791.71
MAexp100:	2,781.55
Price / MA7:	+1.33%
Price / MA20:	+3.25%
Price / MA50:	+5.22%
Price / MA100:	+5.49%
Price / MAexp7:	+0.36%
Price / MAexp20:	+0.62%
Price / MAexp50:	+0.84%
Price / MAexp100:	+1.21%

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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