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 08/10/2020 (GMT)

  • 90
  • 0
  • Timeframe : 1H
  • - Analysis generated on
  • Status : NEUTRAL

Analysis too old. There are no more charts available.

Summary of the analysis

Trends
Court terme: Neutral
De fond: Neutral
Technical indicators
50%
6%
44%
My opinion
Neutral between 1,990.32 USD and 2,049.61 USD
My targets
-
My analysis
The short-term and basic trend is neutral. In this situation, the price of GOLD - USD could just as easily move towards the first resistance as the first support. No statistical advantage is given for one of these levels to be achieved before the other. It will be necessary to create a new automated analysis when the conditions have progressed. This may be the case, for example, when the first resistance has been broken above or the first support has been broken below. The first resistance is located at 2,049.61 USD. The first support is located at 1,990.32 USD.

In the very short term, despite the neutral opinion of this analysis, 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 Dani3lfoo. Take part yourself by sharing additional analysis on another time unit:
15 min. Daily Weekly

Additional analysis

Quotes

The GOLD - USD price is 2,030.63 USD. The price registered a decrease of -0.21% on the session and was between 2,019.24 USD and 2,036.46 USD. This implies that the price is at +0.56% from its lowest and at -0.29% from its highest.

2,019.24
2,036.46
2,030.63

A bearish opening was detected by the Central Gaps scanner. Sellers are trying to impose a bearish trend in the very short term.

Central Gaps

Bearish opening

Type : Bearish

Timeframe : Openning



So that you have an overall view of the price change, here is a table showing the variations over several periods:
The Central Records scanner, which identifies the highest / lowest, has detected several elements:

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 1H chart of GOLD - USD indicates that the overall trend is not clearly defined. This indecision is confirmed by the neutral signals currently being given by short-term moving averages. The Central Indicators scanner detects a bullish signal on moving averages that could impact this trend:

Central Indicators

Bullish price crossover with Moving Average 20

Type : Bullish

Timeframe : 1 hour



Technical indicators are slightly bullish. There is therefore considerable uncertainty about the continuation of the increase.
Caution: the Central Indicators scanner currently detects an excess:

Central Indicators

Williams %R indicator is overbought : over -20

Type : Neutral

Timeframe : 1 hour

The Central Indicators scanner found this result concerning these indicators:

Central Indicators

Price is back over the pivot point

Type : Bullish

Timeframe : Weekly



The analysis of the price chart with Central Patterns scanners does not return any result.

The Central Candlesticks scanner, specialised in Japanese candlesticks, did not identify any signals.


ProTrendLines
S3
S2
S1
R1
R2
R3
Price


S3S2S1PriceR1R2R3
ProTrendLines 1,940.22 1,960.79 1,990.32 2,030.63 2,030.93 2,049.61 2,064.20
Change (%) -4.45% -3.44% -1.99% - +0.01% +0.93% +1.65%
Change -90.41 -69.84 -40.31 - +0.30 +18.98 +33.57
Level Intermediate Intermediate Minor - Minor Intermediate Minor



Attention could also be paid to pivot points to set price objectives:

Daily
Pivot points S3 S2 S1 PP R1 R2 R3
Standard1,951.961,983.742,009.322,041.102,066.682,098.462,124.04
Camarilla2,019.132,024.382,029.642,034.902,040.162,045.422,050.67
Woodie1,948.861,982.192,006.222,039.552,063.582,096.912,120.94
Fibonacci1,983.742,005.652,019.192,041.102,063.012,076.552,098.46


Weekly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard1,857.501,909.071,971.982,023.552,086.462,138.032,200.94
Camarilla2,003.422,013.912,024.412,034.902,045.392,055.892,066.38
Woodie1,863.181,911.911,977.662,026.392,092.142,140.872,206.62
Fibonacci1,909.071,952.801,979.822,023.552,067.282,094.302,138.03


Monthly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard1,600.871,679.231,827.401,905.762,053.932,132.292,280.46
Camarilla1,913.271,934.041,954.811,975.571,996.342,017.102,037.87
Woodie1,635.781,696.681,862.311,923.212,088.842,149.742,315.37
Fibonacci1,679.231,765.761,819.231,905.761,992.292,045.762,132.29

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): 47.40
MACD (12,26,9): -3.8300
Directional Movement: -6.13
AROON (14): 0
DEMA (21): 2,028.23
Parabolic SAR (0,02-0,02-0,2): 2,019.68
Elder Ray (13): 1.28
Super Trend (3,10): 2,050.21
Zig ZAG (10): 2,033.81
VORTEX (21): 1.0500
Stochastique (14,3,5): 66.56
TEMA (21): 2,027.70
Williams %R (14): -27.83
Chande Momentum Oscillator (20): -1.67
Repulse (5,40,3): 0.0500
ROCnROLL: -1
TRIX (15,9): -0.0400
Courbe Coppock: 0.10
MA7: 2,022.11
MA20: 1,927.36
MA50: 1,822.37
MA100: 1,756.14
MAexp7: 2,031.02
MAexp20: 2,033.82
MAexp50: 2,038.26
MAexp100: 2,029.69
Price / MA7: +0.42%
Price / MA20: +5.36%
Price / MA50: +11.43%
Price / MA100: +15.63%
Price / MAexp7: -0.02%
Price / MAexp20: -0.16%
Price / MAexp50: -0.37%
Price / MAexp100: +0.05%

Quotes : 2020-08-10 12:35:26 - 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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