GOLD - USD - 15 min. - Technical analysis published on 06/22/2020 (GMT)
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- Timeframe : 15 min.
- - Analysis generated on
- Status : TARGET REACHED
Analysis too old. There are no more charts available.
Summary of the analysis
Trends
Court terme:
Strongly bullish
De fond:
Strongly bullish
Technical indicators
83%
0%
17%
My opinion
Bullish above 1,737.27 USD
My targets
1,760.18 USD (+0.28%)
1,775.01 USD (+1.12%)
My analysis
GOLD - USD is part of a very strong bullish trend. Traders may consider trading only long positions (at the time of purchase) as long as the price remains well above 1,737.27 USD. The next resistance located at 1,760.18 USD is the next bullish objective to be reached. A bullish break in this resistance would boost the bullish momentum. The bullish movement could then continue towards the next resistance located at 1,775.01 USD. After this resistance, buyers could then target 1,792.46 USD. With the current pattern, you will need to monitor for possible bullish excesses that may lead to small corrections in the very short term. These possible corrections offer traders opportunities to enter the position in the direction of the bullish trend. Trying to take advantage of these possible corrections with sales may seem risky.
In the very short term, the general bullish sentiment is confirmed by technical indicators. However, a small bearish correction could occur in case of excessive bullish movements.
Force
0
10
8.4
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This analysis was given by huthayfa. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
The GOLD - USD price is 1,755.28 USD. The price has increased by +0.65% since the last closing with the lowest point at 1,742.92 USD and the highest point at 1,758.72 USD. The deviation from the price is +0.71% for the low point and -0.20% for the high point.1,742.92
1,758.72
1,755.28
A bullish gap was detected at the opening by the Central Gaps scanner. There are a lot of buyers and they have the upper hand in the very short term.
Opening Gap UP
Type : Bullish
Timeframe : Openning
A study of price movements over other periods shows the following variations:
Near a new HIGH record (5 years)
Type : Bullish
Timeframe : Weekly
Near a new HIGH record (1st january)
Type : Bullish
Timeframe : Weekly
Near a new LOW record (1 month)
Type : Bearish
Timeframe : Weekly
Technical
A technical analysis in 15 min. of this GOLD - USD chart shows a strongly bullish trend. 89.29% of the signals given by moving averages are bullish. The overall trend is supported by the strong bullish signals from short-term moving averages. The Central Indicators scanner does not detect any result on moving averages that would impact this trend.
In fact, 15 technical indicators on 18 studied are currently positioned bullish. Caution: the Central Indicators scanner currently detects an excess:
CCI indicator is overbought : over 100
Type : Neutral
Timeframe : 15 minutes
Previous candle closed over Bollinger bands
Type : Neutral
Timeframe : 15 minutes
Williams %R indicator is overbought : over -20
Type : Neutral
Timeframe : 15 minutes
Pivot points : price is over resistance 2
Type : Neutral
Timeframe : 15 minutes
The analysis of the price chart with Central Patterns scanners does not return any result.
The Central Candlesticks scanner which studies Japanese candlesticks did not detect anything.
ProTrendLines
S3
S2
S1
R1
R2
Price
S3 | S2 | S1 | Price | R1 | R2 | |
---|---|---|---|---|---|---|
ProTrendLines | 1,730.00 | 1,735.56 | 1,744.93 | 1,755.28 | 1,792.46 | 1,909.60 |
Change (%) | -1.44% | -1.12% | -0.59% | - | +2.12% | +8.79% |
Change | -25.28 | -19.72 | -10.35 | - | +37.18 | +154.32 |
Level | Intermediate | Major | Intermediate | - | Minor | Intermediate |
Attention could also be paid to pivot points to set price objectives:
Daily
Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
---|---|---|---|---|---|---|---|
Standard | 1,706.28 | 1,714.36 | 1,729.19 | 1,737.27 | 1,752.10 | 1,760.18 | 1,775.01 |
Camarilla | 1,737.72 | 1,739.82 | 1,741.92 | 1,744.02 | 1,746.12 | 1,748.22 | 1,750.32 |
Woodie | 1,709.66 | 1,716.05 | 1,732.57 | 1,738.96 | 1,755.48 | 1,761.87 | 1,778.39 |
Fibonacci | 1,714.36 | 1,723.11 | 1,728.52 | 1,737.27 | 1,746.02 | 1,751.43 | 1,760.18 |
Weekly
Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
---|---|---|---|---|---|---|---|
Standard | 1,676.03 | 1,690.16 | 1,717.09 | 1,731.22 | 1,758.15 | 1,772.28 | 1,799.21 |
Camarilla | 1,732.73 | 1,736.49 | 1,740.26 | 1,744.02 | 1,747.78 | 1,751.55 | 1,755.31 |
Woodie | 1,682.43 | 1,693.36 | 1,723.49 | 1,734.42 | 1,764.55 | 1,775.48 | 1,805.61 |
Fibonacci | 1,690.16 | 1,705.85 | 1,715.54 | 1,731.22 | 1,746.91 | 1,756.60 | 1,772.28 |
Monthly
Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
---|---|---|---|---|---|---|---|
Standard | 1,583.96 | 1,627.26 | 1,678.79 | 1,722.09 | 1,773.62 | 1,816.92 | 1,868.45 |
Camarilla | 1,704.25 | 1,712.95 | 1,721.64 | 1,730.33 | 1,739.02 | 1,747.72 | 1,756.41 |
Woodie | 1,588.09 | 1,629.32 | 1,682.92 | 1,724.15 | 1,777.75 | 1,818.98 | 1,872.58 |
Fibonacci | 1,627.26 | 1,663.48 | 1,685.86 | 1,722.09 | 1,758.31 | 1,780.69 | 1,816.92 |
Numerical data
The following are the details of the technical indicators and moving averages that were collected to generate this technical analysis:
Technical indicators
Moving averages
RSI (14): | 68.26 | |
MACD (12,26,9): | 0.8700 | |
Directional Movement: | 13.82 | |
AROON (14): | 64.29 | |
DEMA (21): | 1,750.71 | |
Parabolic SAR (0,02-0,02-0,2): | 1,745.18 | |
Elder Ray (13): | 6.09 | |
Super Trend (3,10): | 1,747.98 | |
Zig ZAG (10): | 1,758.07 | |
VORTEX (21): | 1.1900 | |
Stochastique (14,3,5): | 94.22 | |
TEMA (21): | 1,751.29 | |
Williams %R (14): | -10.55 | |
Chande Momentum Oscillator (20): | 9.30 | |
Repulse (5,40,3): | 0.2600 | |
ROCnROLL: | 1 | |
TRIX (15,9): | 0.0000 | |
Courbe Coppock: | 0.45 |
MA7: | 1,733.23 | |
MA20: | 1,722.48 | |
MA50: | 1,717.69 | |
MA100: | 1,660.60 | |
MAexp7: | 1,751.59 | |
MAexp20: | 1,749.81 | |
MAexp50: | 1,748.80 | |
MAexp100: | 1,745.25 | |
Price / MA7: | +1.27% | |
Price / MA20: | +1.90% | |
Price / MA50: | +2.19% | |
Price / MA100: | +5.70% | |
Price / MAexp7: | +0.21% | |
Price / MAexp20: | +0.31% | |
Price / MAexp50: | +0.37% | |
Price / MAexp100: | +0.58% |
Quotes :
2020-06-22 13:02:32
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Real time data
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Gold & Silver Spot
News
Don"t forget to follow the news on GOLD - USD. At the time of publication of this analysis, the latest news was as follows:
- Gold and Silver Forecast June 22, 2020
- Gold Bull Miners Breakout, and the USD Analysis for June 19, 2020, by FXEmpire
- Gold Technical Analysis for the Week of June 22, 2020 by FXEmpire
- Gold Technical Analysis for June 22, 2020 by FXEmpire
- Gold and Silver Forecast June 19, 2020
This member declared not having a position on this financial instrument or a related financial instrument.
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