GOLD - USD - 15 min. - Technical analysis published on 10/29/2020 (GMT)
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- Timeframe : 15 min.
- - Analysis generated on
- Status : LEVEL MAINTAINED
Analysis too old. There are no more charts available.
Summary of the analysis
Trends
Court terme:
Strongly bullish
De fond:
Neutral
Technical indicators
72%
0%
28%
My opinion
Bullish above 1,862.43 USD
My targets
1,886.70 USD (+0.26%)
1,903.97 USD (+1.18%)
My analysis
The current short-term bullish acceleration on GOLD - USD should quickly allow the basic trend to return to bullish. To avoid contradicting the short term, traders may prefer long positions (at the time of purchase) as long as the price remains well above 1,862.43 USD. Short-term buyers will use the resistance located at 1,886.70 USD as an objective. A bullish break in this resistance would boost the bullish momentum. The next bullish objective would then be set at 1,903.97 USD. Crossing this resistance would then open the door for buyers to target 1,928.24 USD. Caution, if there is a return to under 1,862.43 USD, it should not be forgotten that the basic trend is not yet clearly defined. Beware of against the trend sellers, many of whom will certainly benefit from this movement.
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
3.8
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Additional analysis
Quotes
GOLD - USD rating 1,881.76 USD. On the day, this instrument gained +0.11% and was traded between 1,875.80 USD and 1,881.88 USD over the period. The price is currently at +0.32% from its lowest and -0.01% from its highest.1,875.80
1,881.88
1,881.76
A bullish opening was detected by the Central Gaps scanner. Buyers are trying to impose a bullish momentum in the very short term.
Bullish opening
Type : Bullish
Timeframe : Openning
Here is a more detailed summary of the historical variations registered by GOLD - USD:
Technical
A technical analysis in 15 min. of this GOLD - USD chart shows a neutral trend. The strong bullish signals currently being given by short-term moving averages could allow the overall trend to return to bullish. The Central Indicators market scanner is currently detecting a bullish signal that could impact this trend:
Bullish price crossover with adaptative moving average 100
Type : Bullish
Timeframe : 15 minutes
In fact, 13 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
Williams %R indicator is overbought : over -20
Type : Neutral
Timeframe : 15 minutes
Pivot points : price is under support 1
Type : Neutral
Timeframe : Weekly
Momentum indicator is back over 0
Type : Bullish
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
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 1,855.03 | 1,869.42 | 1,875.09 | 1,881.76 | 1,894.66 | 1,902.66 | 1,909.60 |
| Change (%) | -1.42% | -0.66% | -0.35% | - | +0.69% | +1.11% | +1.48% |
| Change | -26.73 | -12.34 | -6.67 | - | +12.90 | +20.90 | +27.84 |
| Level | Intermediate | Major | Minor | - | Intermediate | Minor | Major |
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 |
|---|---|---|---|---|---|---|---|
| Standard | 1,820.89 | 1,845.16 | 1,862.43 | 1,886.70 | 1,903.97 | 1,928.24 | 1,945.51 |
| Camarilla | 1,868.29 | 1,872.09 | 1,875.90 | 1,879.71 | 1,883.52 | 1,887.33 | 1,891.13 |
| Woodie | 1,817.40 | 1,843.41 | 1,858.94 | 1,884.95 | 1,900.48 | 1,926.49 | 1,942.02 |
| Fibonacci | 1,845.16 | 1,861.03 | 1,870.83 | 1,886.70 | 1,902.57 | 1,912.37 | 1,928.24 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 1,849.68 | 1,872.03 | 1,886.77 | 1,909.12 | 1,923.86 | 1,946.21 | 1,960.95 |
| Camarilla | 1,891.30 | 1,894.70 | 1,898.10 | 1,901.50 | 1,904.90 | 1,908.30 | 1,911.70 |
| Woodie | 1,845.87 | 1,870.13 | 1,882.96 | 1,907.22 | 1,920.05 | 1,944.31 | 1,957.14 |
| Fibonacci | 1,872.03 | 1,886.20 | 1,894.96 | 1,909.12 | 1,923.29 | 1,932.05 | 1,946.21 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 1,683.03 | 1,765.90 | 1,826.76 | 1,909.63 | 1,970.49 | 2,053.36 | 2,114.22 |
| Camarilla | 1,848.10 | 1,861.28 | 1,874.46 | 1,887.63 | 1,900.81 | 1,913.98 | 1,927.16 |
| Woodie | 1,672.04 | 1,760.40 | 1,815.77 | 1,904.13 | 1,959.50 | 2,047.86 | 2,103.23 |
| Fibonacci | 1,765.90 | 1,820.80 | 1,854.72 | 1,909.63 | 1,964.53 | 1,998.45 | 2,053.36 |
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): | 62.29 | |
| MACD (12,26,9): | 0.1900 | |
| Directional Movement: | 1.56 | |
| AROON (14): | 64.29 | |
| DEMA (21): | 1,878.93 | |
| Parabolic SAR (0,02-0,02-0,2): | 1,876.39 | |
| Elder Ray (13): | 1.29 | |
| Super Trend (3,10): | 1,882.23 | |
| Zig ZAG (10): | 1,880.64 | |
| VORTEX (21): | 1.0900 | |
| Stochastique (14,3,5): | 91.69 | |
| TEMA (21): | 1,880.09 | |
| Williams %R (14): | -9.11 | |
| Chande Momentum Oscillator (20): | 1.31 | |
| Repulse (5,40,3): | 0.1000 | |
| ROCnROLL: | -1 | |
| TRIX (15,9): | 0.0000 | |
| Courbe Coppock: | 0.06 |
| MA7: | 1,899.43 | |
| MA20: | 1,901.98 | |
| MA50: | 1,917.44 | |
| MA100: | 1,888.89 | |
| MAexp7: | 1,879.59 | |
| MAexp20: | 1,879.18 | |
| MAexp50: | 1,880.89 | |
| MAexp100: | 1,886.29 | |
| Price / MA7: | -0.93% | |
| Price / MA20: | -1.06% | |
| Price / MA50: | -1.86% | |
| Price / MA100: | -0.38% | |
| Price / MAexp7: | +0.11% | |
| Price / MAexp20: | +0.14% | |
| Price / MAexp50: | +0.04% | |
| Price / MAexp100: | -0.24% |
Quotes :
2020-10-29 03:57:49
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Real time data
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Gold & Silver Spot
News
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This member declared not having a position on this financial instrument or a related financial instrument.
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