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 - Daily - Technical analysis published on 04/04/2025 (GMT)

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  • Timeframe : Daily
  • - Analysis generated on
  • Status : TARGET REACHED

Summary of the analysis

Trends
Short term: Neutral
Underlying: Bullish
Technical indicators
61%
17%
22%
My opinion
Bullish above 2,950.03 USD
My targets
3,035.23 USD (+0.18%)
3,213.51 USD (+6.06%)
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 2,950.03 USD, traders with an aggressive trading strategy could consider a purchase. A cross of the resistance located at 3,035.23 USD would be a signal that the basic trade will reverse and the short-term trend could then quickly become bullish. Buyers would then use the next resistance located at 3,213.51 USD as an objective. Crossing it would then enable buyers to target 3,306.34 USD. If the support 2,950.03 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.

Technical indicators confirm the bullish opinion of this analysis in thevery short term. However, be careful of excessive bullish movements. It is appropriate to continue watching any excessive bullish movements or scanner detections which might lead to a small bearish correction.
Force
0
10
5.4

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. 1H Weekly

Additional analysis

Quotes

The GOLD - USD rating is 3,029.90 USD. The price is lower by -2.66% since the last closing with the lowest point at 3,027.08 USD and the highest point at 3,136.77 USD. The deviation from the price is +0.09% for the low point and -3.41% for the high point.

3,027.08
3,136.77
3,029.90

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

Central Gaps

Bullish opening

Type : Bullish

Timeframe : Openning



Here is a more detailed summary of the historical variations registered by GOLD - USD:
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


A technical analysis in Daily of this GOLD - USD chart shows a bullish trend. 78.57% 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 is currently detecting several bearish signals that could impact this trend:

Central Indicators

Bearish price crossover with Moving Average 20

Type : Bearish

Timeframe : Daily


Bearish price crossover with adaptative moving average 20

Type : Bearish

Timeframe : Daily



In fact, according to the parameters integrated into the Central Analyzer system, 11 technical indicators out of 18 analysed are currently bullish. Central Indicators, the detector scanner for these technical indicators has recently detected several signals:

Central Indicators

Pivot points : price is under support 1 (Daily)

Type : Neutral

Timeframe : Daily


Pivot points : price is under support 1 (Daily)

Type : Neutral

Timeframe : Weekly


Momentum indicator is back under 0

Type : Bearish

Timeframe : Daily


Williams %R indicator is back under -50

Type : Bearish

Timeframe : Daily


Price is back under the pivot point (Weekly)

Type : Bearish

Timeframe : Daily


Pivot points : price is under support 1 (Weekly)

Type : Neutral

Timeframe : Daily



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

The Central Candlesticks scanner which studies Japanese candlesticks did not detect anything.


ProTrendLines
S3
S2
S1
Price


S3S2S1Price
ProTrendLines 2,718.86 2,785.43 2,950.03 3,029.90
Change (%) -10.27% -8.07% -2.64% -
Change -311.04 -244.47 -79.87 -
Level Major Minor Intermediate -



Attention could also be paid to pivot points to set price objectives:

Daily
Pivot points S3 S2 S1 PP R1 R2 R3
Standard2,945.612,999.913,056.353,110.653,167.093,221.393,277.83
Camarilla3,082.353,092.503,102.653,112.803,122.953,133.103,143.25
Woodie2,946.693,000.453,057.433,111.193,168.173,221.933,278.91
Fibonacci2,999.913,042.213,068.343,110.653,152.953,179.083,221.39


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 technical indicators and moving averages registered at the time this technical analysis was created:

Technical indicators
Moving averages

RSI (14): 60.35
MACD (12,26,9): 54.4100
Directional Movement: 14.32
AROON (14): 85.71
DEMA (21): 3,112.55
Parabolic SAR (0,02-0,02-0,2): 3,167.91
Elder Ray (13): 33.18
Super Trend (3,10): 3,016.29
Zig ZAG (10): 3,081.02
VORTEX (21): 1.2000
Stochastique (14,3,5): 71.82
TEMA (21): 3,124.09
Williams %R (14): -51.94
Chande Momentum Oscillator (20): 29.11
Repulse (5,40,3): -0.8700
ROCnROLL: 1
TRIX (15,9): 0.2500
Courbe Coppock: 8.21
MA7: 3,105.78
MA20: 3,032.04
MA50: 2,939.96
MA100: 2,798.06
MAexp7: 3,097.22
MAexp20: 3,041.56
MAexp50: 2,946.48
MAexp100: 2,841.16
Price / MA7: -2.44%
Price / MA20: -0.07%
Price / MA50: +3.06%
Price / MA100: +8.29%
Price / MAexp7: -2.18%
Price / MAexp20: -0.39%
Price / MAexp50: +2.83%
Price / MAexp100: +6.64%

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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