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

GOLD - USD - 1H - Technical analysis published on 02/06/2025 (GMT)

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  • Timeframe : 1H
  • - Analysis generated on
  • Status : LEVEL MAINTAINED

Summary of the analysis

Trends
Short term: Neutral
Underlying: Bullish
Technical indicators
22%
50%
28%
My opinion
Bullish above 2,807.22 USD
My targets
2,882.50 USD (+0.80%)
My analysis
Has the basic bullish trend slowed or is it lacking in power? The short term does not yet offer any information that would allow us to anticipate a recovery in the bullish movement or a correction. Sellers' generally have the upper hand, even if a small correction (not tradeable) on the support located at 2,807.22 USD remains possible. It is advisable to trade GOLD - USD with the greatest caution, while favouring long positions (at the time of purchase) as long as the price remains well above 2,807.22 USD. The next bullish objective for buyers is set at 2,882.50 USD. A bullish break in this resistance would boost the bullish momentum. PS: if there is a bearish break in the support located at 2,807.22 USD we suggest that you produce a new automated technical analysis. In fact, conditions should have changed. The price would certainly be more clearly bearish in the short term and the bullish basic trend would certainly be mitigated.

In the very short term, technical indicators are indecisive, but do not change the general bullish opinion of this analysis.
Force
0
10
1.6

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

Additional analysis

Quotes

The GOLD - USD price is 2,859.60 USD. The price registered a decrease of -0.34% on the session with the lowest point at 2,848.89 USD and the highest point at 2,873.38 USD. The deviation from the price is +0.38% for the low point and -0.48% for the high point.

2,848.89
2,873.38
2,859.60

A study of price movements over other periods shows the following variations:
The Central Records scanner for higher/lower results shows the following items:

Central Records

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 GOLD - USD in 1H shows an overall bullish trend. 71.43% of the signals given by moving averages are bullish. Caution: the neutral signals currently given by short-term moving averages show us that the global trend is losing momentum. The Central Indicators scanner does not detect any result on moving averages that would impact this trend.

An assessment of technical indicators does not currently provide any relevant information to suggest whether the signal given by the technical indicators is more bullish or bearish.
But beware of excesses. The Central Indicators scanner currently detects this:

Central Indicators

CCI indicator is oversold : under -100

Type : Neutral

Timeframe : 1 hour

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

Central Indicators

Pivot points : price is over resistance 1

Type : Neutral

Timeframe : Weekly



No signals are given by Central Patterns, a market scanner specialised in chart patterns, resistances and supports.

The Central Candlesticks scanner currently notes the presence of this pattern in Japanese candlesticks that could mark the end of the short-term trend currently underway:

Central Candlesticks

Doji

Type : Neutral

Timeframe : 1 hour




ProTrendLines
S3
S2
S1
R1
Price


S3S2S1PriceR1
ProTrendLines 2,785.43 2,807.22 2,859.55 2,859.60 2,882.50
Change (%) -2.59% -1.83% +0.00% - +0.80%
Change -74.17 -52.38 -0.05 - +22.90
Level Minor Minor Minor - Intermediate



Pivot points can also be used to set your price objectives. Here is the price situation in relation to pivot points:

Daily
Pivot points S3 S2 S1 PP R1 R2 R3
Standard2,802.452,821.102,845.202,863.852,887.952,906.602,930.70
Camarilla2,857.542,861.462,865.382,869.302,873.222,877.142,881.06
Woodie2,805.182,822.462,847.932,865.212,890.682,907.962,933.43
Fibonacci2,821.102,837.432,847.522,863.852,880.182,890.272,906.60


Weekly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard2,662.122,696.342,748.772,782.992,835.422,869.642,922.07
Camarilla2,777.382,785.322,793.272,801.212,809.152,817.102,825.04
Woodie2,671.242,700.892,757.892,787.542,844.542,874.192,931.19
Fibonacci2,696.342,729.442,749.892,782.992,816.092,836.542,869.64


Monthly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard2,469.072,541.902,671.552,744.382,874.032,946.863,076.51
Camarilla2,745.532,764.092,782.652,801.212,819.772,838.332,856.89
Woodie2,497.492,556.112,699.972,758.592,902.452,961.073,104.93
Fibonacci2,541.902,619.242,667.032,744.382,821.722,869.512,946.86

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): 42.26
MACD (12,26,9): 1.5400
Directional Movement: -16.74
AROON (14): -100.00
DEMA (21): 2,867.62
Parabolic SAR (0,02-0,02-0,2): 2,876.24
Elder Ray (13): -10.38
Super Trend (3,10): 2,852.50
Zig ZAG (10): 2,856.03
VORTEX (21): 0.9000
Stochastique (14,3,5): 12.60
TEMA (21): 2,861.89
Williams %R (14): -72.27
Chande Momentum Oscillator (20): -6.86
Repulse (5,40,3): -0.2600
ROCnROLL: -1
TRIX (15,9): 0.0200
Courbe Coppock: 0.43
MA7: 2,819.62
MA20: 2,756.04
MA50: 2,687.87
MA100: 2,677.13
MAexp7: 2,861.63
MAexp20: 2,863.85
MAexp50: 2,852.79
MAexp100: 2,833.49
Price / MA7: +1.42%
Price / MA20: +3.76%
Price / MA50: +6.39%
Price / MA100: +6.82%
Price / MAexp7: -0.07%
Price / MAexp20: -0.15%
Price / MAexp50: +0.24%
Price / MAexp100: +0.92%

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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