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 04/26/2024 (GMT)

  • 84
  • 0
  • Timeframe : 1H
  • - Analysis generated on
  • Status : NEUTRAL

Summary of the analysis

Trends
Short term: Neutral
Underlying: Slightly bullish
Technical indicators
11%
44%
44%
My opinion
Neutral between 2,324.62 USD and 2,373.14 USD
My targets
-
My analysis
The neutral short-term trend shows a weakening of the basic, slightly bullish trend on GOLD - USD. It is difficult to advise a trading direction under these conditions. The first resistance is located at 2,373.14 USD. The first support is located at 2,324.62 USD. We can stay away while waiting for a more pronounced price movement on this instrument. A new analysis could then be produced that would give clearer signals.

Technical indicators are bearish in the very shrot term and could soon allow change to a bearish sentiment.

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 jann1414. Take part yourself by sharing additional analysis on another time unit:
15 min. Daily Weekly

Additional analysis

Quotes

GOLD - USD rating 2,335.93 USD. The price has increased by +0.23% since the last closing and was between 2,326.29 USD and 2,352.61 USD. This implies that the price is at +0.41% from its lowest and at -0.71% from its highest.

2,326.29
2,352.61
2,335.93

The Central Gaps scanner detects a bullish opening marking the presence of buyers ahead of sellers at the opening but not sufficiently marked to allow the price to register a quotation gap.

Central Gaps

Bullish opening

Type : Bullish

Timeframe : Openning



A study of price movements over other periods shows the following variations:
The Central Records scanner for higher/lower results shows the following items:

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 1H shows an overall slightly bullish trend. Only 60.71% of the signals given by moving averages are bullish. This slightly bullish trend could return to neutral given the neutral signals also given by short-term moving averages. The Central Indicators market scanner is currently detecting several bearish and bullish signals that could impact this trend:

Central Indicators

Bearish trend reversal : adaptative moving average 20

Type : Bearish

Timeframe : 1 hour


Bullish price crossover with adaptative moving average 20

Type : Bullish

Timeframe : 1 hour



In fact, according to the parameters integrated into the Central Analyzer system, only 8 technical indicators out of 18 analysed are currently bearish. Other results related to technical indicators were also found by the Central Indicators scanner:

Central Indicators

Pivot points : price is under support 1

Type : Neutral

Timeframe : Weekly


Momentum indicator is back over 0

Type : Bullish

Timeframe : 1 hour



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

Central Candlesticks, the scanner specialised in Japanese candlesticks, detects a bullish signal that could support the hypothesis of a small rebound in the very short term:

Central Candlesticks

Bullish harami

Type : Bullish

Timeframe : 1 hour




ProTrendLines
S3
S2
S1
R1
R2
R3
Price


S3S2S1PriceR1R2R3
ProTrendLines 2,291.48 2,312.53 2,324.62 2,335.93 2,336.78 2,373.14 2,398.33
Change (%) -1.90% -1.00% -0.48% - +0.04% +1.59% +2.67%
Change -44.45 -23.40 -11.31 - +0.85 +37.21 +62.40
Level Intermediate Major Minor - Intermediate Intermediate 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 technical indicators and moving averages registered at the time this technical analysis was created:

Technical indicators
Moving averages

RSI (14): 51.28
MACD (12,26,9): 3.3300
Directional Movement: 0.60
AROON (14): 57.14
DEMA (21): 2,342.98
Parabolic SAR (0,02-0,02-0,2): 2,352.13
Elder Ray (13): -5.32
Super Trend (3,10): 2,332.45
Zig ZAG (10): 2,336.32
VORTEX (21): 1.0000
Stochastique (14,3,5): 40.21
TEMA (21): 2,343.37
Williams %R (14): -63.50
Chande Momentum Oscillator (20): 2.76
Repulse (5,40,3): -0.1100
ROCnROLL: -1
TRIX (15,9): 0.0300
Courbe Coppock: 0.79
MA7: 2,344.34
MA20: 2,336.74
MA50: 2,206.23
MA100: 2,118.85
MAexp7: 2,339.92
MAexp20: 2,338.31
MAexp50: 2,333.24
MAexp100: 2,335.43
Price / MA7: -0.36%
Price / MA20: -0.03%
Price / MA50: +5.88%
Price / MA100: +10.25%
Price / MAexp7: -0.17%
Price / MAexp20: -0.10%
Price / MAexp50: +0.12%
Price / MAexp100: +0.02%

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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