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:
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
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This analysis was given by abdul2089. Take part yourself by sharing additional analysis on another time unit:
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.
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
S3 | S2 | S1 | Price | R1 | R2 | |
---|---|---|---|---|---|---|
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 |
---|---|---|---|---|---|---|---|
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 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 :
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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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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.
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