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 06/22/2020 (GMT)

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  • Timeframe : 15 min.
  • - Analysis generated on
  • Status : TARGET REACHED

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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

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

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.

Central Gaps

Opening Gap UP

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

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:

Central Indicators

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

The Central Indicators scanner found this result concerning these indicators:

Central Indicators

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


S3S2S1PriceR1R2
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
Standard1,706.281,714.361,729.191,737.271,752.101,760.181,775.01
Camarilla1,737.721,739.821,741.921,744.021,746.121,748.221,750.32
Woodie1,709.661,716.051,732.571,738.961,755.481,761.871,778.39
Fibonacci1,714.361,723.111,728.521,737.271,746.021,751.431,760.18


Weekly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard1,676.031,690.161,717.091,731.221,758.151,772.281,799.21
Camarilla1,732.731,736.491,740.261,744.021,747.781,751.551,755.31
Woodie1,682.431,693.361,723.491,734.421,764.551,775.481,805.61
Fibonacci1,690.161,705.851,715.541,731.221,746.911,756.601,772.28


Monthly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard1,583.961,627.261,678.791,722.091,773.621,816.921,868.45
Camarilla1,704.251,712.951,721.641,730.331,739.021,747.721,756.41
Woodie1,588.091,629.321,682.921,724.151,777.751,818.981,872.58
Fibonacci1,627.261,663.481,685.861,722.091,758.311,780.691,816.92

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 - 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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