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 - 15 min. - Technical analysis published on 04/26/2024 (GMT)

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  • Timeframe : 15 min.
  • - Analysis generated on
  • Status : LEVEL MAINTAINED

Summary of the analysis

Trends
Short term: Strongly bearish
Underlying: Slightly bullish
Technical indicators
22%
33%
44%
My opinion
Bearish under 2,348.66 USD
My targets
2,326.92 USD (-0.44%)
2,308.91 USD (-1.21%)
My analysis
The strong short-term decline in GOLD - USD calls into question the currently slightly bullish basic trend. A trend reversal is likely. As long as the price remains below the resistance located at 2,348.66 USD, one could consider taking advantage of the short-term movement. The first bearish objective is located at 2,326.92 USD. The bearish momentum would be revived by a break in this support. Sellers would then use the next support located at 2,308.91 USD as an objective. Crossing it would then enable sellers to target 2,287.17 USD. Be careful, a return to above 2,348.66 USD could jeopardize the reversal.

Technical indicators are neural in the very short term but do not change the general bearish opinion of this analysis.
Force
0
10
0.2

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 KBPRASAD. Take part yourself by sharing additional analysis on another time unit:
1H Daily Weekly

Additional analysis

Quotes

The GOLD - USD rating is 2,337.17 USD. The price registered an increase of +0.28% on the session and was between 2,326.29 USD and 2,352.61 USD. This implies that the price is at +0.47% from its lowest and at -0.66% from its highest.

2,326.29
2,352.61
2,337.17

The Central Gaps scanner detects a bullish opening. A small advantage for buyers 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, which identifies the highest / lowest, has detected several elements:

Central Records

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



Technical


Technical analysis of GOLD - USD in 15 min. shows an overall slightly bullish trend. 60.71% of the signals given by moving averages are bullish. Caution: the strong bearish signals currently given by short-term moving averages indicate that a trend reversal may be taking place. The Central Indicators scanner detects a bullish signal on moving averages that could impact this trend:

Central Indicators

Bullish price crossover with Moving Average 50

Type : Bullish

Timeframe : 15 minutes



In fact, Central Analyzer took into account 18 technical indicators and the result was as follows: 4 are bullish, 8 are neutral and 6 are bearish. But beware of excesses. The Central Indicators scanner currently detects this:

Central Indicators

CCI indicator is oversold : under -100

Type : Neutral

Timeframe : 15 minutes


Williams %R indicator is oversold : under -80

Type : Neutral

Timeframe : 15 minutes

Central Indicators, the scanner specialised in technical indicators, has identified this signal:

Central Indicators

Price is back under the pivot point

Type : Bearish

Timeframe : Weekly



The analysis of the price chart with Central Patterns scanners does not return any result.

From the Japanese candlestick perspective, the Central Candlesticks scanner notes the presence of these results that could impact the short-term trend:

Central Candlesticks

Bearish harami

Type : Bearish

Timeframe : 15 minutes


Doji

Type : Neutral

Timeframe : 15 minutes


Bearish harami cross

Type : Bearish

Timeframe : 15 minutes




ProTrendLines
S3
S2
S1
R1
R2
R3
Price


S3S2S1PriceR1R2R3
ProTrendLines 2,312.53 2,324.62 2,336.78 2,337.17 2,373.14 2,398.33 2,417.91
Change (%) -1.05% -0.54% -0.02% - +1.54% +2.62% +3.45%
Change -24.64 -12.55 -0.39 - +35.97 +61.16 +80.74
Level Major Minor Intermediate - Intermediate Minor Minor



Pivot points can also be used to set your price objectives. Here is the price situation in relation to pivot points:

Daily
Pivot points S3 S2 S1 PP R1 R2 R3
Standard2,269.162,287.172,308.912,326.922,348.662,366.672,388.41
Camarilla2,319.732,323.372,327.022,330.662,334.302,337.952,341.59
Woodie2,271.042,288.102,310.792,327.852,350.542,367.602,390.29
Fibonacci2,287.172,302.352,311.732,326.922,342.102,351.482,366.67


Weekly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard2,245.342,285.412,337.772,377.842,430.202,470.272,522.63
Camarilla2,364.712,373.192,381.662,390.132,398.602,407.082,415.55
Woodie2,251.492,288.482,343.922,380.912,436.352,473.342,528.78
Fibonacci2,285.412,320.722,342.532,377.842,413.152,434.962,470.27


Monthly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard1,905.681,972.372,103.032,169.722,300.382,367.072,497.73
Camarilla2,179.412,197.502,215.592,233.682,251.772,269.862,287.95
Woodie1,937.661,988.362,135.012,185.712,332.362,383.062,529.71
Fibonacci1,972.372,047.762,094.342,169.722,245.112,291.692,367.07

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): 49.30
MACD (12,26,9): -0.1000
Directional Movement: 0.66
AROON (14): -35.72
DEMA (21): 2,344.62
Parabolic SAR (0,02-0,02-0,2): 2,349.84
Elder Ray (13): -0.83
Super Trend (3,10): 2,352.59
Zig ZAG (10): 2,341.66
VORTEX (21): 0.9400
Stochastique (14,3,5): 16.67
TEMA (21): 2,341.67
Williams %R (14): -81.01
Chande Momentum Oscillator (20): -7.16
Repulse (5,40,3): -0.2000
ROCnROLL: 2
TRIX (15,9): 0.0100
Courbe Coppock: 0.44
MA7: 2,344.87
MA20: 2,336.92
MA50: 2,206.32
MA100: 2,118.89
MAexp7: 2,342.04
MAexp20: 2,344.30
MAexp50: 2,341.79
MAexp100: 2,337.17
Price / MA7: -0.33%
Price / MA20: +0.01%
Price / MA50: +5.93%
Price / MA100: +10.30%
Price / MAexp7: -0.21%
Price / MAexp20: -0.30%
Price / MAexp50: -0.20%
Price / MAexp100: +0.00%

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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