GOLD - USD - 1H - Technical analysis published on 04/02/2025 (GMT)
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- Timeframe : 1H
- - Analysis generated on
- Status : TARGET REACHED
Summary of the analysis
Trends
Short term:
Bearish
Underlying:
Bullish
Technical indicators
22%
44%
33%
My opinion
Bullish above 3,099.86 USD
My targets
3,127.55 USD (+0.41%)
My analysis
The basic trend is bullish on GOLD - USD and in the short term, the price is attempting to correct. For the time being, this is only a simple technical correction and the basic trend is not threatened. For the correction to be confirmed, it would have to at least return to below the support 3,099.86 USD. Sellers would then use the next support located at 3,057.56 USD as an objective. Crossing it would then enable sellers to target 3,032.80 USD. If there is a return to above the resistance located at 3,127.55 USD, this would be a sign of a reversal in the basic bullish trend.
In the very short term, the general bullish sentiment is not called into question, despite technical indicators being indecisive.
Force
0
10
0.7
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This analysis was given by omar alsatouf. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
The GOLD - USD rating is 3,114.71 USD. The price registered a decrease of -0.02% on the session and was between 3,113.38 USD and 3,115.59 USD. This implies that the price is at +0.04% from its lowest and at -0.03% from its highest.3,113.38
3,115.59
3,114.71
The Central Gaps scanner detects a bearish opening. A small advantage for sellers in the very short term.
Bearish opening
Type : Bearish
Timeframe : Openning
So that you have an overall view of the price change, here is a table showing the variations over several periods:
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
Technical analysis of GOLD - USD in 1H shows an overall bullish trend. 67.86% of the signals given by moving averages are bullish. Caution: the slightly bearish signals currently being given by short-term moving averages indicate that this bullish trend may be running out of steam. There is no crossing of moving average by the price or crossing of moving averages between themselves.
In fact, of the 18 technical indicators analysed by Central Analyzer, 4 are bullish, 6 are neutral and 8 are bearish. The Central Indicators scanner specialised in technical indicators, has not detected anything further.
Central Patterns, the scanner specializing in chart patterns, did not identify any signals.
Central Candlesticks, the scanner specialised in Japanese candlesticks, detects a bullish signal that could support the hypothesis of a small rebound in the very short term:
Bullish engulfing lines
Type : Bullish
Timeframe : 1 hour
ProTrendLines
S3
S2
S1
R1
Price
S3 | S2 | S1 | Price | R1 | |
---|---|---|---|---|---|
ProTrendLines | 3,032.80 | 3,057.56 | 3,099.86 | 3,114.71 | 3,127.55 |
Change (%) | -2.63% | -1.83% | -0.48% | - | +0.41% |
Change | -81.91 | -57.15 | -14.85 | - | +12.84 |
Level | Minor | Minor | Minor | - | Intermediate |
Attention could also be paid to pivot points to set price objectives:
Daily
Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
---|---|---|---|---|---|---|---|
Standard | 3,046.40 | 3,073.68 | 3,094.49 | 3,121.77 | 3,142.58 | 3,169.86 | 3,190.67 |
Camarilla | 3,102.09 | 3,106.49 | 3,110.90 | 3,115.31 | 3,119.72 | 3,124.13 | 3,128.54 |
Woodie | 3,043.18 | 3,072.06 | 3,091.27 | 3,120.15 | 3,139.36 | 3,168.24 | 3,187.45 |
Fibonacci | 3,073.68 | 3,092.05 | 3,103.40 | 3,121.77 | 3,140.14 | 3,151.49 | 3,169.86 |
Weekly
Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
---|---|---|---|---|---|---|---|
Standard | 2,945.84 | 2,974.16 | 3,030.26 | 3,058.58 | 3,114.68 | 3,143.00 | 3,199.10 |
Camarilla | 3,063.15 | 3,070.88 | 3,078.62 | 3,086.36 | 3,094.10 | 3,101.84 | 3,109.58 |
Woodie | 2,959.73 | 2,981.11 | 3,044.15 | 3,065.53 | 3,128.57 | 3,149.95 | 3,212.99 |
Fibonacci | 2,974.16 | 3,006.41 | 3,026.33 | 3,058.58 | 3,090.83 | 3,110.75 | 3,143.00 |
Monthly
Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
---|---|---|---|---|---|---|---|
Standard | 2,671.29 | 2,764.12 | 2,942.40 | 3,035.23 | 3,213.51 | 3,306.34 | 3,484.62 |
Camarilla | 3,046.14 | 3,070.99 | 3,095.84 | 3,120.69 | 3,145.54 | 3,170.39 | 3,195.25 |
Woodie | 2,714.03 | 2,785.48 | 2,985.14 | 3,056.59 | 3,256.25 | 3,327.70 | 3,527.36 |
Fibonacci | 2,764.12 | 2,867.68 | 2,931.66 | 3,035.23 | 3,138.79 | 3,202.77 | 3,306.34 |
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): | 44.52 | |
MACD (12,26,9): | -2.3800 | |
Directional Movement: | -10.72 | |
AROON (14): | -42.86 | |
DEMA (21): | 3,118.57 | |
Parabolic SAR (0,02-0,02-0,2): | 3,124.41 | |
Elder Ray (13): | -3.70 | |
Super Trend (3,10): | 3,138.45 | |
Zig ZAG (10): | 3,114.12 | |
VORTEX (21): | 0.9000 | |
Stochastique (14,3,5): | 33.32 | |
TEMA (21): | 3,111.32 | |
Williams %R (14): | -65.34 | |
Chande Momentum Oscillator (20): | -16.12 | |
Repulse (5,40,3): | -0.0100 | |
ROCnROLL: | -1 | |
TRIX (15,9): | 0.0000 | |
Courbe Coppock: | 1.23 |
MA7: | 3,076.40 | |
MA20: | 3,011.31 | |
MA50: | 2,925.71 | |
MA100: | 2,787.37 | |
MAexp7: | 3,115.45 | |
MAexp20: | 3,120.19 | |
MAexp50: | 3,113.66 | |
MAexp100: | 3,094.50 | |
Price / MA7: | +1.25% | |
Price / MA20: | +3.43% | |
Price / MA50: | +6.46% | |
Price / MA100: | +11.74% | |
Price / MAexp7: | -0.03% | |
Price / MAexp20: | -0.18% | |
Price / MAexp50: | +0.03% | |
Price / MAexp100: | +0.65% |
Quotes :
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Real time data
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Gold & Silver Spot
News
The last news published on GOLD - USD at the time of the generation of this analysis was as follows:
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XAU/USD Price Forecast Today, Technical Analysis (April 01): Gold Makes a New Record High
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XAU/USD Price Forecast Today, Technical Analysis (April 01): Gold Looks a Touch Tired
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Gold and Silver Price Forecast 2025: Q2 Outlook & Trends | What’s Next for #XAUUSD & #XAGUSD?
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We hold the gold reserves of the UK and other banks safely and securely 🔒
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XAU/USD Price Forecast Today, Technical Analysis (March 28): Gold Hits New Record High Again
This member declared not having a position on this financial instrument or a related financial instrument.
About author
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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