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 05/20/2024 (GMT)

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  • Timeframe : 15 min.
  • - Analysis generated on
  • Status : NEUTRAL

Summary of the analysis

Trends
Short term: Bearish
Underlying: Slightly bullish
Technical indicators
39%
6%
56%
My opinion
Neutral between 2,404.39 USD and 2,434.82 USD
My targets
-
My analysis
The basic trend is slightly bullish and the short term is tentatively bearish. With such a pattern, the price could just as easily move towards the first support as the first resistance. The first support is located at 2,404.39 USD. The first resistance is located at 2,434.82 USD. With no basic trend, it will be important to monitor the reaction of the price to the levels cited. A bearish break in the support could quickly reverse the basic trend. A bullish break in resistance would be welcome to boost the slightly bullish basic trend. On the other hand, if the price is blocked by support or resistance, it could be attractive to trade against the trend on the last short-term movement registered by GOLD - USD.

In the very short term, technical indicators are bullish and could soon allow change to a bullish 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 KBPRASAD. Take part yourself by sharing additional analysis on another time unit:
1H Daily Weekly

Additional analysis

Quotes

GOLD - USD rating 2,428.23 USD. On the day, this instrument gained +0.49% with the lowest point at 2,407.38 USD and the highest point at 2,450.09 USD. The deviation from the price is +0.87% for the low point and -0.89% for the high point.

2,407.38
2,450.09
2,428.23

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 study of the highest / lowest by the Central Records scanner shows the following results:

Central Records

New HIGH record (5 years)

Type : Bullish

Timeframe : Weekly


New HIGH record (1 year)

Type : Bullish

Timeframe : Weekly


New HIGH record (1st january)

Type : Bullish

Timeframe : Weekly


New HIGH record (1 month)

Type : Bullish

Timeframe : Weekly



Technical


A technical analysis in 15 min. of this GOLD - USD chart shows a slightly bullish trend. 57.14% of the signals given by moving averages are bullish. Caution: the slightly bearish signals currently given by short-term moving averages indicate that this slightly bullish trend could be reversed. 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 : 15 minutes


Bullish price crossover with Moving Average 50

Type : Bullish

Timeframe : 15 minutes


Bullish price crossover with adaptative moving average 20

Type : Bullish

Timeframe : 15 minutes



An assessment of technical indicators shows a slightly bullish signal.
Central Indicators, the scanner specialised in technical indicators, has identified these signals:

Central Indicators

RSI indicator is back over 50

Type : Bullish

Timeframe : 15 minutes


Williams %R indicator is back over -50

Type : Bullish

Timeframe : 15 minutes



No signals are given by Central Patterns, a market scanner specialised in chart patterns, resistances and supports.

For a small rebound in the very short term, the Central Candlesticks scanner currently notes the presence of this bullish pattern in Japanese candlesticks:

Central Candlesticks

Bullish harami

Type : Bullish

Timeframe : 15 minutes




ProTrendLines
S3
S2
S1
Price


S3S2S1Price
ProTrendLines 2,374.01 2,390.13 2,397.46 2,428.23
Change (%) -2.23% -1.57% -1.27% -
Change -54.22 -38.10 -30.77 -
Level 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
Standard2,337.182,355.572,386.002,404.392,434.822,453.212,483.64
Camarilla2,403.002,407.472,411.952,416.422,420.902,425.372,429.85
Woodie2,343.192,358.582,392.012,407.402,440.832,456.222,489.65
Fibonacci2,355.572,374.222,385.742,404.392,423.042,434.562,453.21


Weekly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard2,267.632,299.932,358.182,390.482,448.732,481.032,539.28
Camarilla2,391.522,399.822,408.122,416.422,424.722,433.022,441.32
Woodie2,280.602,306.422,371.152,396.972,461.702,487.522,552.25
Fibonacci2,299.932,334.522,355.892,390.482,425.072,446.442,481.03


Monthly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard1,999.722,114.122,202.752,317.152,405.782,520.182,608.81
Camarilla2,235.552,254.162,272.772,291.382,309.992,328.602,347.21
Woodie1,986.842,107.682,189.872,310.712,392.902,513.742,595.93
Fibonacci2,114.122,191.682,239.592,317.152,394.712,442.622,520.18

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): 50.22
MACD (12,26,9): 1.6100
Directional Movement: -5.51
AROON (14): 57.15
DEMA (21): 2,432.39
Parabolic SAR (0,02-0,02-0,2): 2,436.95
Elder Ray (13): -0.95
Super Trend (3,10): 2,423.86
Zig ZAG (10): 2,432.03
VORTEX (21): 1.1700
Stochastique (14,3,5): 61.11
TEMA (21): 2,434.75
Williams %R (14): -34.66
Chande Momentum Oscillator (20): 4.89
Repulse (5,40,3): -0.0200
ROCnROLL: -1
TRIX (15,9): 0.0100
Courbe Coppock: 0.72
MA7: 2,381.91
MA20: 2,341.52
MA50: 2,294.85
MA100: 2,168.77
MAexp7: 2,431.31
MAexp20: 2,430.43
MAexp50: 2,429.25
MAexp100: 2,424.67
Price / MA7: +1.94%
Price / MA20: +3.70%
Price / MA50: +5.81%
Price / MA100: +11.96%
Price / MAexp7: -0.13%
Price / MAexp20: -0.09%
Price / MAexp50: -0.04%
Price / MAexp100: +0.15%

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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