GOLD - EUR - 15 min. - Technical analysis published on 01/29/2025 (GMT)
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- Timeframe : 15 min.
- - Analysis generated on
- Status : LEVEL MAINTAINED
Analysis too old. There are no more charts available.
Summary of the analysis
Trends
Short term:
Strongly bullish
Underlying:
Strongly bullish
Technical indicators
39%
22%
39%
My opinion
Bullish above 2,640.98 EUR
My targets
2,660.37 EUR (+0.26%)
2,671.08 EUR (+0.67%)
My analysis
The bullish trend is currently very strong on GOLD - EUR. As long as the price remains above the support at 2,640.98 EUR, you could try to benefit from the boom. The first bullish objective is located at 2,660.37 EUR. The bullish momentum would be boosted by a break in this resistance. Buyers would then use the next resistance located at 2,671.08 EUR as an objective. Crossing it would then enable buyers to target 2,690.47 EUR. 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.
Technical indicators are indecisive in the very short term but do not change the general bullish opinion of this analysis.
Force
0
10
6.6
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This analysis was given by Atif Khan. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
The GOLD - EUR rating is 2,653.35 EUR. The price has increased by +0.14% since the last closing and was traded between 2,642.51 EUR and 2,656.72 EUR over the period. The price is currently at +0.41% from its lowest and -0.13% from its highest.2,642.51
2,656.72
2,653.35
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:
Near a 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
The Central Volumes scanner notes the presence of abnormal volumes:
Abnormal volumes
Timeframe : 5 days
Abnormal volumes
Timeframe : 20 days
Abnormal volumes
Timeframe : 50 days
Technical
Technical analysis of this 15 min. chart of GOLD - EUR indicates that the overall trend is strongly bullish. 92.86% of the signals given by moving averages are bullish. This strongly bullish trend is supported by the strong bullish signals given by short-term moving averages. The Central Indicators scanner does not detect any result on moving averages that would impact this trend.
The technical indicators are generally neutral. They do not provide relevant information on the direction of future price movements.
Central Indicators, the detector scanner for these technical indicators recently detected a signal:
Momentum indicator is back under 0
Type : Bearish
Timeframe : 15 minutes
The analysis of the price chart with Central Patterns scanners does not return any result.
For a small setback in the very short term, the Central Candlesticks scanner currently notes the presence of this bearish pattern in Japanese candlesticks:
Three black crows
Type : Bearish
Timeframe : 15 minutes
ProTrendLines
S3
S2
S1
R1
Price
| S3 | S2 | S1 | Price | R1 | |
|---|---|---|---|---|---|
| ProTrendLines | 2,614.86 | 2,627.65 | 2,649.92 | 2,653.35 | 2,659.98 |
| Change (%) | -1.45% | -0.97% | -0.13% | - | +0.25% |
| Change | -38.49 | -25.70 | -3.43 | - | +6.63 |
| Level | Minor | Intermediate | Intermediate | - | 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 | 2,600.17 | 2,610.88 | 2,630.27 | 2,640.98 | 2,660.37 | 2,671.08 | 2,690.47 |
| Camarilla | 2,641.39 | 2,644.15 | 2,646.91 | 2,649.67 | 2,652.43 | 2,655.19 | 2,657.95 |
| Woodie | 2,604.52 | 2,613.05 | 2,634.62 | 2,643.15 | 2,664.72 | 2,673.25 | 2,694.82 |
| Fibonacci | 2,610.88 | 2,622.38 | 2,629.48 | 2,640.98 | 2,652.48 | 2,659.58 | 2,671.08 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 2,539.28 | 2,567.61 | 2,603.31 | 2,631.64 | 2,667.34 | 2,695.67 | 2,731.37 |
| Camarilla | 2,621.39 | 2,627.26 | 2,633.13 | 2,639.00 | 2,644.87 | 2,650.74 | 2,656.61 |
| Woodie | 2,542.96 | 2,569.45 | 2,606.99 | 2,633.48 | 2,671.02 | 2,697.51 | 2,735.05 |
| Fibonacci | 2,567.61 | 2,592.07 | 2,607.18 | 2,631.64 | 2,656.10 | 2,671.21 | 2,695.67 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 2,349.38 | 2,410.43 | 2,472.75 | 2,533.80 | 2,596.12 | 2,657.17 | 2,719.49 |
| Camarilla | 2,501.14 | 2,512.45 | 2,523.76 | 2,535.07 | 2,546.38 | 2,557.69 | 2,569.00 |
| Woodie | 2,350.02 | 2,410.75 | 2,473.39 | 2,534.12 | 2,596.76 | 2,657.49 | 2,720.13 |
| Fibonacci | 2,410.43 | 2,457.56 | 2,486.67 | 2,533.80 | 2,580.93 | 2,610.04 | 2,657.17 |
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): | 52.97 | |
| MACD (12,26,9): | 1.4000 | |
| Directional Movement: | 3.31 | |
| AROON (14): | 71.43 | |
| DEMA (21): | 2,652.51 | |
| Parabolic SAR (0,02-0,02-0,2): | 2,656.14 | |
| Elder Ray (13): | -0.55 | |
| Super Trend (3,10): | 2,648.53 | |
| Zig ZAG (10): | 2,650.46 | |
| VORTEX (21): | 1.1600 | |
| Stochastique (14,3,5): | 41.31 | |
| TEMA (21): | 2,652.99 | |
| Williams %R (14): | -69.56 | |
| Chande Momentum Oscillator (20): | -0.22 | |
| Repulse (5,40,3): | -0.0300 | |
| ROCnROLL: | -1 | |
| TRIX (15,9): | 0.0100 | |
| Courbe Coppock: | 0.39 |
| MA7: | 2,642.32 | |
| MA20: | 2,611.23 | |
| MA50: | 2,556.94 | |
| MA100: | 2,494.83 | |
| MAexp7: | 2,651.86 | |
| MAexp20: | 2,650.86 | |
| MAexp50: | 2,648.78 | |
| MAexp100: | 2,645.03 | |
| Price / MA7: | +0.42% | |
| Price / MA20: | +1.61% | |
| Price / MA50: | +3.77% | |
| Price / MA100: | +6.35% | |
| Price / MAexp7: | +0.06% | |
| Price / MAexp20: | +0.09% | |
| Price / MAexp50: | +0.17% | |
| Price / MAexp100: | +0.31% |
Quotes :
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Real time data
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Gold & Silver Spot
This member declared not having a position on this financial instrument or a related financial instrument.
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