GOLD - USD
GOLD - USD
1,950.75 USD (+0.18%)
Real time data - Gold & Silver Spot
Open: 1,947.23
Change: +3.51
Volume: 605,780
Low: 1,945.14
High: 1,960.13
High / Low range: 14.99
Type: Commodities
Ticker: XAUUSD
ISIN:

GOLD - USD - 15 min. - Technical analysis published on 09/16/2020

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  • Timeframe : 15 min.
  • - Analysis generated on 2020-09-16 18:07:34
  • Status : TARGET REACHED

Summary of the analysis

Trends
Court terme: Strongly bearish
De fond: Slightly bearish
Technical indicators
11%
67%
22%
My opinion
Bearish under 1,967.96 USD
My targets
1,958.21 USD (-0.10%)
1,944.19 USD (-0.81%)
My analysis
GOLD - USD is currently trying to strengthen its basic trend with a very bearish short term. As long as the price remains below 1,967.96 USD, traders may consider taking advantage of this bearish acceleration and setting themselves to trade only in short positions (for sale). Sellers will encounter the support at 1,958.21 USD. A bearish break in this support would confirm a continuation of the bearish acceleration. The next support located at 1,944.19 USD would then be the next bearish objective for sellers. Crossing it would then enable sellers to target 1,934.44 USD. Beware of a possible return to above the resistance located at 1,967.96 USD which would be a sign of a correction of the short-term bearish excesses registered.

In the very short term, the general bearish sentiment is confirmed by technical indicators. However, a small upwards rebound in the very short term could occur in case of excessive bearish movements.
Force
0
10
4.6

This analysis was given by huthayfa. Take part yourself by sharing additional analysis on another time unit:
1H Daily Weekly
Attention: This analysis is for information purposes only and does not constitute personalized investment advice or an incentive 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 analysis. 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.

Additional analysis

Quotes

GOLD - USD rating 1,960.11 USD. On the day, this instrument gained +0.32% with the lowest point at 1,949.90 USD and the highest point at 1,973.66 USD. The deviation from the price is +0.52% for the low point and -0.69% for the high point.

1,949.90
1,973.66
1,960.11

A study of price movements over other periods shows the following variations:
Abnormal volumes on GOLD - USD were detected by the Central Volumes scanner:

Central Volumes

Abnormal volumes

Timeframe : 5 days


Abnormal volumes

Timeframe : 20 days


Abnormal volumes

Timeframe : 50 days

Technical


Technical analysis of GOLD - USD in 15 min. shows an overall slightly bearish trend. 60.71% of the signals given by moving averages are bearish. This slightly bearish trend could be reinforced by the strong bearish signals given by short-term moving averages. The Central Indicators scanner detects bearish signals on moving averages that could impact this trend:

Central Indicators

Bearish trend reversal : Moving Average 50

Type : Bearish

Timeframe : 15 minutes


Bearish trend reversal : adaptative moving average 100

Type : Bearish

Timeframe : 15 minutes



The probability of a further decline is moderate given the direction of the technical indicators.
Central Indicators, the detector scanner for these technical indicators recently detected a signal:

Central Indicators

Momentum indicator is back under 0

Type : Bearish

Timeframe : 15 minutes



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 1,916.45 1,937.11 1,950.12 1,960.11 1,966.59 1,972.66 2,069.41
Change (%) -2.23% -1.17% -0.51% - +0.33% +0.64% +5.58%
Change -43.66 -23.00 -9.99 - +6.48 +12.55 +109.30
Level Minor Intermediate Minor - Minor Intermediate Major



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
Standard1,920.421,934.441,944.191,958.211,967.961,981.981,991.73
Camarilla1,947.391,949.571,951.751,953.931,956.111,958.291,960.47
Woodie1,918.281,933.371,942.051,957.141,965.821,980.911,989.59
Fibonacci1,934.441,943.521,949.131,958.211,967.291,972.901,981.98


Weekly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard914.311,201.651,500.431,787.772,086.552,373.892,672.67
Camarilla1,638.031,691.761,745.481,799.211,852.941,906.671,960.39
Woodie920.031,204.511,506.151,790.632,092.272,376.752,678.39
Fibonacci1,201.651,425.551,563.871,787.772,011.672,149.992,373.89


Monthly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard1,226.061,510.951,505.321,790.211,784.582,069.472,063.84
Camarilla1,422.881,448.481,474.081,499.681,525.281,550.881,576.48
Woodie1,080.791,438.321,360.051,717.581,639.311,996.841,918.57
Fibonacci1,510.951,617.631,683.541,790.211,896.891,962.802,069.47

Numerical data


The following is the status of technical indicators and moving averages registered at the time this technical analysis was created:

Technical indicators
Moving averages

RSI (14): 39.90
MACD (12,26,9): -0.6400
Directional Movement: -11.45
AROON (14): 35.71
DEMA (21): 1,964.19
Parabolic SAR (0,02-0,02-0,2): 1,969.88
Elder Ray (13): -3.39
Super Trend (3,10): 1,969.30
Zig ZAG (10): 1,961.47
VORTEX (21): 0.9300
Stochastique (14,3,5): 34.03
TEMA (21): 1,963.07
Williams %R (14): -63.94
Chande Momentum Oscillator (20): -2.64
Repulse (5,40,3): -0.0700
ROCnROLL: 2
TRIX (15,9): 0.0000
Courbe Coppock: 0.12
MA7: 1,865.44
MA20: 1,915.84
MA50: 1,924.13
MA100: 1,831.18
MAexp7: 1,963.58
MAexp20: 1,964.53
MAexp50: 1,963.87
MAexp100: 1,962.12
Price / MA7: +5.07%
Price / MA20: +2.31%
Price / MA50: +1.87%
Price / MA100: +7.04%
Price / MAexp7: -0.17%
Price / MAexp20: -0.21%
Price / MAexp50: -0.18%
Price / MAexp100: -0.09%

Quotes : 2020-09-16 18:07:33 - Real time data - 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:

This member declared not having a position on this financial instrument or a related financial instrument.

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