GOLD - USD
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 04/02/2025 (GMT)

  • 83
  • 0
I am delighted to see that my first price objective has been achieved. I hope you've taken advantage of it.
Click here for a new analysis!
  • Timeframe : 1H
  • - Analysis generated on
  • Status : TARGET REACHED

Summary of the analysis

Trends
Short term: Neutral
Underlying: Bullish
Technical indicators
67%
0%
33%
My opinion
Bullish above 3,100.59 USD
My targets
3,149.04 USD (+0.92%)
My analysis
We are currently in a phase of short-term indecision. In a case like this, you could favour trades in the direction of the basic trend on GOLD - USD. As long as you are above the support located at 3,100.59 USD, traders with an aggressive trading strategy could consider a purchase. A cross of the resistance located at 3,149.04 USD would be a signal that the basic trade will reverse and the short-term trend could then quickly become bullish. If the support 3,100.59 USD were to be broken, this would simply be a sign of a possible continuation of short-term consolidation and trading against the trend would then perhaps be more risky.

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
0
10
3.9

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 abdul2089. Take part yourself by sharing additional analysis on another time unit:
15 min. Daily Weekly

Additional analysis

Quotes

The GOLD - USD rating is 3,120.30 USD. The price has increased by +0.16% since the last closing and was traded between 3,109.85 USD and 3,135.74 USD over the period. The price is currently at +0.34% from its lowest and -0.49% from its highest.

3,109.85
3,135.74
3,120.30

A bearish opening was detected by the Central Gaps scanner. Sellers are trying to impose a bearish trend in the very short term.

Central Gaps

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:

Technical


Technical analysis of this 1H chart of GOLD - USD indicates that the overall trend is bullish. 67.86% of the signals given by moving averages are bullish. Caution: the neutral signals currently given by the short-term moving averages indicate that this bullish trend is showing signs of running out of steam. The Central Indicators market scanner currently does not detect any result that concerns moving averages.

The technical indicators are bullish. There is still some doubt about the price increase.
The Central Indicators scanner found no further results concerning independent technical indicators.

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
S3
S2
S1
R1
R2
Price


S3S2S1PriceR1R2
ProTrendLines 3,032.80 3,066.83 3,100.59 3,120.30 3,127.80 3,149.04
Change (%) -2.80% -1.71% -0.63% - +0.24% +0.92%
Change -87.50 -53.47 -19.71 - +7.50 +28.74
Level Minor Minor Intermediate - Minor 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
Standard3,046.403,073.683,094.493,121.773,142.583,169.863,190.67
Camarilla3,102.093,106.493,110.903,115.313,119.723,124.133,128.54
Woodie3,043.183,072.063,091.273,120.153,139.363,168.243,187.45
Fibonacci3,073.683,092.053,103.403,121.773,140.143,151.493,169.86


Weekly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard2,945.842,974.163,030.263,058.583,114.683,143.003,199.10
Camarilla3,063.153,070.883,078.623,086.363,094.103,101.843,109.58
Woodie2,959.732,981.113,044.153,065.533,128.573,149.953,212.99
Fibonacci2,974.163,006.413,026.333,058.583,090.833,110.753,143.00


Monthly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard2,671.292,764.122,942.403,035.233,213.513,306.343,484.62
Camarilla3,046.143,070.993,095.843,120.693,145.543,170.393,195.25
Woodie2,714.032,785.482,985.143,056.593,256.253,327.703,527.36
Fibonacci2,764.122,867.682,931.663,035.233,138.793,202.773,306.34

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): 56.06
MACD (12,26,9): 1.0100
Directional Movement: 3.31
AROON (14): 28.57
DEMA (21): 3,124.48
Parabolic SAR (0,02-0,02-0,2): 3,110.12
Elder Ray (13): 5.91
Super Trend (3,10): 3,138.45
Zig ZAG (10): 3,129.99
VORTEX (21): 1.0000
Stochastique (14,3,5): 75.93
TEMA (21): 3,123.01
Williams %R (14): -22.67
Chande Momentum Oscillator (20): 15.49
Repulse (5,40,3): 0.2700
ROCnROLL: 1
TRIX (15,9): 0.0000
Courbe Coppock: 0.46
MA7: 3,078.44
MA20: 3,011.99
MA50: 2,925.99
MA100: 2,787.51
MAexp7: 3,124.95
MAexp20: 3,123.41
MAexp50: 3,117.31
MAexp100: 3,099.76
Price / MA7: +1.36%
Price / MA20: +3.60%
Price / MA50: +6.64%
Price / MA100: +11.94%
Price / MAexp7: -0.15%
Price / MAexp20: -0.10%
Price / MAexp50: +0.10%
Price / MAexp100: +0.66%

Quotes : - Real time data - Gold & Silver Spot

This member declared not having a position on this financial instrument or a related financial instrument.

About author

Online

Overall rating :
15766
Number of analyses :
Followers :
0
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…

Add a comment

Comments

0 comments on the analysis GOLD - USD - 1H