GOLD - USD

- USD (-)

- Real time data - Gold & Silver Spot

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Type:	Commodities
Ticker:	XAUUSD
ISIN:

GOLD - USD - Daily - Technical analysis published on 02/11/2025 (GMT)

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Timeframe : Daily
- Analysis generated on
Status : TARGET REACHED

Summary of the analysis

Trends

Short term: Strongly bullish

Underlying: Strongly bullish

Technical indicators

72%

22%

My opinion

Bullish above 2,785.43 USD

My targets

2,946.86 USD (+1.82%)

3,076.51 USD (+6.30%)

My analysis

The bullish trend is currently very strong on GOLD - USD. As long as the price remains above the support at 2,785.43 USD, you could try to benefit from the boom. The first bullish objective is located at 2,946.86 USD. The bullish momentum would be boosted by a break in this resistance. Buyers would then use the next resistance located at 3,076.51 USD as an objective. 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, the general bullish sentiment is confirmed by technical indicators. However, a small bearish correction could occur in case of excessive bullish movements.

Force

8.2

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

Additional analysis

Quotes

GOLD - USD rating 2,894.11 USD. On the day, this instrument lost -0.82% and was between 2,881.61 USD and 2,942.77 USD. This implies that the price is at +0.43% from its lowest and at -1.65% from its highest.

2,881.61

2,942.77

2,894.11

A bullish opening was detected by the Central Gaps scanner. Buyers are trying to impose a bullish momentum in the very short term.

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, which identifies the highest / lowest, has detected several elements:

New HIGH record (5 years)

Type : Bullish

Timeframe : Weekly

New HIGH record (1 year)

Type : Bullish

Timeframe : Weekly

New HIGH record (1st january)

Type : Bullish

Timeframe : Weekly

New HIGH record (1 month)

Type : Bullish

Timeframe : Weekly

Technical

A technical analysis in Daily of this GOLD - USD chart shows a strongly 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 does not detect any result on moving averages that would impact this trend.

The probability of a further increase is high given the direction of the technical indicators.
Caution: the Central Indicators scanner currently detects an excess:

RSI indicator is overbought : over 70

Type : Neutral

Timeframe : Daily

CCI indicator is overbought : over 100

Type : Neutral

Timeframe : Daily

Previous candle closed over Bollinger bands

Type : Neutral

Timeframe : Daily

CCI indicator: bearish divergence

Type : Bearish

Timeframe : Daily

RSI indicator: bearish divergence

Type : Bearish

Timeframe : Daily

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

Price is back under the pivot point

Type : Bearish

Timeframe : Daily

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

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

ProTrendLines

Price

	S3	S2	S1	Price
ProTrendLines	2,588.23	2,720.21	2,785.43	2,894.11
Change (%)	-10.57%	-6.01%	-3.76%	-
Change	-305.88	-173.90	-108.68	-
Level	Intermediate	Intermediate	Minor	-

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
Standard	2,807.79	2,831.31	2,874.59	2,898.11	2,941.39	2,964.91	3,008.19
Camarilla	2,899.51	2,905.63	2,911.76	2,917.88	2,924.00	2,930.13	2,936.25
Woodie	2,817.68	2,836.25	2,884.48	2,903.05	2,951.28	2,969.85	3,018.08
Fibonacci	2,831.31	2,856.82	2,872.59	2,898.11	2,923.62	2,939.39	2,964.91

Weekly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	2,678.71	2,725.47	2,793.27	2,840.03	2,907.83	2,954.59	3,022.39
Camarilla	2,829.56	2,840.06	2,850.56	2,861.06	2,871.56	2,882.06	2,892.56
Woodie	2,689.22	2,730.73	2,803.78	2,845.29	2,918.34	2,959.85	3,032.90
Fibonacci	2,725.47	2,769.24	2,796.27	2,840.03	2,883.80	2,910.83	2,954.59

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 the technical indicators and moving averages at the time of publication of this technical analysis:

Technical indicators

Moving averages

RSI (14):	70.28
MACD (12,26,9):	55.1700
Directional Movement:	27.13
AROON (14):	78.57
DEMA (21):	2,867.08
Parabolic SAR (0,02-0,02-0,2):	2,845.22
Elder Ray (13):	82.60
Super Trend (3,10):	2,791.04
Zig ZAG (10):	2,885.76
VORTEX (21):	1.3000
Stochastique (14,3,5):	85.85
TEMA (21):	2,897.62
Williams %R (14):	-26.47
Chande Momentum Oscillator (20):	116.02
Repulse (5,40,3):	0.3300
ROCnROLL:	1
TRIX (15,9):	0.2400
Courbe Coppock:	9.93

MA7:	2,864.33
MA20:	2,787.75
MA50:	2,702.68
MA100:	2,686.10
MAexp7:	2,863.65
MAexp20:	2,799.18
MAexp50:	2,731.34
MAexp100:	2,668.94
Price / MA7:	+1.04%
Price / MA20:	+3.82%
Price / MA50:	+7.08%
Price / MA100:	+7.74%
Price / MAexp7:	+1.06%
Price / MAexp20:	+3.39%
Price / MAexp50:	+5.96%
Price / MAexp100:	+8.44%

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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