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 06/30/2020 (GMT)

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  • Timeframe : 15 min.
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Summary of the analysis

Trends
Court terme: Strongly bearish
De fond: Strongly bearish
Technical indicators
22%
44%
33%
My opinion
Bearish under 1,771.61 USD
My targets
1,761.72 USD (-0.22%)
1,757.55 USD (-0.45%)
My analysis
All elements being clearly bearish, it would be possible for traders to trade only short positions (for sale) on GOLD - USD as long as the price remains well below 1,771.61 USD. The sellers” bearish objective is set at 1,761.72 USD. A bearish break of this support would revive the bearish momentum. The sellers could then target the support located at 1,757.55 USD. In case of crossing, the next objective would be the support located at 1,747.55 USD. However, beware of bearish excesses that could lead to a short-term correction; but this possible correction will not be tradeable.

Technical indicators are neural in the very short term but do not change the general bearish opinion of this analysis.
Force
0
10
6.1

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 1,765.55 USD. On the day, this instrument lost -0.43% and was between 1,764.74 USD and 1,773.89 USD. This implies that the price is at +0.05% from its lowest and at -0.47% from its highest.

1,764.74
1,773.89
1,765.55

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

Central Gaps

Bearish opening

Type : Bearish

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 (1st january)

Type : Bullish

Timeframe : Weekly


Near a new HIGH record (1 month)

Type : Bullish

Timeframe : Weekly



Technical


Technical analysis of this 15 min. chart of GOLD - USD indicates that the overall trend is strongly bearish. 85.71% of the signals given by moving averages are bearish. This strongly bearish trend is supported by the strong bearish signals given by short-term moving averages. The Central Indicators market scanner is currently detecting a bearish signal that could impact this trend:

Central Indicators

Moving Average bearish crossovers : MA20 & MA50

Type : Bearish

Timeframe : 15 minutes



The technical indicators are generally neutral. They do not provide relevant information on the direction of future price movements.
Caution: the Central Indicators scanner currently detects an excess:

Central Indicators

CCI indicator is oversold : under -100

Type : Neutral

Timeframe : 15 minutes


CCI indicator: bullish divergence

Type : Bullish

Timeframe : 15 minutes


Williams %R indicator is oversold : under -80

Type : Neutral

Timeframe : 15 minutes

Central Indicators, the detector scanner for these technical indicators has recently detected several signals:

Central Indicators

Pivot points : price is under support 1

Type : Neutral

Timeframe : 15 minutes


Price is back over the pivot point

Type : Bullish

Timeframe : Weekly



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

No result was found by the Central Candlesticks scanner on Japanese candlesticks.


ProTrendLines
S3
S2
S1
R1
R2
R3
Price


S3S2S1PriceR1R2R3
ProTrendLines 1,717.54 1,735.56 1,747.55 1,765.55 1,766.04 1,775.65 1,792.46
Change (%) -2.72% -1.70% -1.02% - +0.03% +0.57% +1.52%
Change -48.01 -29.99 -18.00 - +0.49 +10.10 +26.91
Level Minor Intermediate Intermediate - Intermediate Intermediate Intermediate



To determine price objectives, it is also possible to use the pivot points. Here is the price position in relation to pivot points:

Daily
Pivot points S3 S2 S1 PP R1 R2 R3
Standard1,757.551,761.721,767.441,771.611,777.331,781.501,787.22
Camarilla1,770.451,771.361,772.261,773.171,774.081,774.981,775.89
Woodie1,758.341,762.111,768.231,772.001,778.121,781.891,788.01
Fibonacci1,761.721,765.501,767.831,771.611,775.391,777.721,781.50


Weekly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard1,712.951,727.941,749.441,764.431,785.931,800.921,822.42
Camarilla1,760.921,764.261,767.611,770.951,774.301,777.641,780.99
Woodie1,716.221,729.571,752.711,766.061,789.201,802.551,825.69
Fibonacci1,727.941,741.881,750.491,764.431,778.371,786.981,800.92


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 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): 37.06
MACD (12,26,9): -0.5100
Directional Movement: -8.92
AROON (14): -100.00
DEMA (21): 1,770.34
Parabolic SAR (0,02-0,02-0,2): 1,772.23
Elder Ray (13): -1.10
Super Trend (3,10): 1,773.55
Zig ZAG (10): 1,769.28
VORTEX (21): 0.9100
Stochastique (14,3,5): 21.85
TEMA (21): 1,769.58
Williams %R (14): -83.95
Chande Momentum Oscillator (20): -2.59
Repulse (5,40,3): -0.0100
ROCnROLL: 2
TRIX (15,9): 0.0000
Courbe Coppock: 0.26
MA7: 1,766.35
MA20: 1,735.69
MA50: 1,725.45
MA100: 1,672.72
MAexp7: 1,769.62
MAexp20: 1,770.85
MAexp50: 1,771.23
MAexp100: 1,770.93
Price / MA7: -0.05%
Price / MA20: +1.72%
Price / MA50: +2.32%
Price / MA100: +5.55%
Price / MAexp7: -0.23%
Price / MAexp20: -0.30%
Price / MAexp50: -0.32%
Price / MAexp100: -0.31%

Quotes : 2020-06-30 11:56:09 - 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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