GOLD - USD - 1H - Technical analysis published on 11/27/2020 (GMT)
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- Timeframe : 1H
- - Analysis generated on
- Status : TARGET REACHED
Analysis too old. There are no more charts available.
Summary of the analysis
Trends
Court terme:
Strongly bearish
De fond:
Strongly bearish
Technical indicators
44%
39%
17%
My opinion
Bearish under 1,818.16 USD
My targets
1,800.75 USD (-0.49%)
1,792.46 USD (-0.95%)
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 1,818.16 USD. The sellers” bearish objective is set at 1,800.75 USD. A bearish break of this support would revive the bearish momentum. The sellers could then target the support located at 1,792.46 USD. In case of crossing, the next objective would be the support located at 1,682.00 USD. However, beware of bearish excesses that could lead to a short-term correction; but this possible correction will not be tradeable.
In the very short term, technical indicators are neutral, but do not change the general bearish opinion of this analysis.
Force
0
10
5.2
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This analysis was given by Anasabbas1991. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
GOLD - USD rating 1,809.68 USD. On the day, this instrument gained +0.03% with the lowest point at 1,803.04 USD and the highest point at 1,813.86 USD. The deviation from the price is +0.37% for the low point and -0.23% for the high point.1,803.04
1,813.86
1,809.68
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:
Near a new LOW record (1 month)
Type : Bearish
Timeframe : Weekly
Technical
A technical analysis in 1H of this GOLD - USD chart shows a sharp bearish trend. 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. An assessment of moving averages reveals several bearish signals that could impact this trend:
Bearish price crossover with adaptative moving average 20
Type : Bearish
Timeframe : 1 hour
Bearish price crossover with adaptative moving average 50
Type : Bearish
Timeframe : 1 hour
In fact, Central Analyzer took into account 18 technical indicators and the result was as follows: 8 are bullish, 3 are neutral and 7 are bearish. Other results related to technical indicators were also found by the Central Indicators scanner:
Pivot points : price is under support 3
Type : Neutral
Timeframe : Weekly
Ichimoku : price is under the cloud
Type : Bearish
Timeframe : 1 hour
Momentum indicator is back under 0
Type : Bearish
Timeframe : 1 hour
Central Patterns, the scanner specializing in chart patterns, did not identify any signals.
The Central Candlesticks scanner, specialised in Japanese candlesticks, did not identify any signals.
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
S3 | S2 | S1 | Price | R1 | R2 | R3 | |
---|---|---|---|---|---|---|---|
ProTrendLines | 1,682.00 | 1,792.46 | 1,800.75 | 1,809.68 | 1,818.16 | 1,855.03 | 1,869.26 |
Change (%) | -7.06% | -0.95% | -0.49% | - | +0.47% | +2.51% | +3.29% |
Change | -127.68 | -17.22 | -8.93 | - | +8.48 | +45.35 | +59.58 |
Level | Intermediate | Major | Intermediate | - | Intermediate | Major | Minor |
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 |
---|---|---|---|---|---|---|---|
Standard | 1,791.41 | 1,798.63 | 1,803.92 | 1,811.14 | 1,816.43 | 1,823.65 | 1,828.94 |
Camarilla | 1,805.78 | 1,806.93 | 1,808.07 | 1,809.22 | 1,810.37 | 1,811.51 | 1,812.66 |
Woodie | 1,790.46 | 1,798.15 | 1,802.97 | 1,810.66 | 1,815.48 | 1,823.17 | 1,827.99 |
Fibonacci | 1,798.63 | 1,803.41 | 1,806.36 | 1,811.14 | 1,815.92 | 1,818.87 | 1,823.65 |
Weekly
Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
---|---|---|---|---|---|---|---|
Standard | 1,803.08 | 1,827.91 | 1,849.47 | 1,874.30 | 1,895.86 | 1,920.69 | 1,942.25 |
Camarilla | 1,858.26 | 1,862.52 | 1,866.77 | 1,871.02 | 1,875.27 | 1,879.53 | 1,883.78 |
Woodie | 1,801.44 | 1,827.09 | 1,847.83 | 1,873.48 | 1,894.22 | 1,919.87 | 1,940.61 |
Fibonacci | 1,827.91 | 1,845.63 | 1,856.58 | 1,874.30 | 1,892.02 | 1,902.97 | 1,920.69 |
Monthly
Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
---|---|---|---|---|---|---|---|
Standard | 1,774.49 | 1,817.26 | 1,847.83 | 1,890.60 | 1,921.17 | 1,963.94 | 1,994.51 |
Camarilla | 1,858.24 | 1,864.96 | 1,871.69 | 1,878.41 | 1,885.13 | 1,891.86 | 1,898.58 |
Woodie | 1,768.40 | 1,814.21 | 1,841.74 | 1,887.55 | 1,915.08 | 1,960.89 | 1,988.42 |
Fibonacci | 1,817.26 | 1,845.27 | 1,862.58 | 1,890.60 | 1,918.61 | 1,935.92 | 1,963.94 |
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): | 43.25 | |
MACD (12,26,9): | -0.7400 | |
Directional Movement: | -17.27 | |
AROON (14): | -28.57 | |
DEMA (21): | 1,809.32 | |
Parabolic SAR (0,02-0,02-0,2): | 1,814.31 | |
Elder Ray (13): | -1.51 | |
Super Trend (3,10): | 1,817.89 | |
Zig ZAG (10): | 1,807.78 | |
VORTEX (21): | 0.8900 | |
Stochastique (14,3,5): | 55.85 | |
TEMA (21): | 1,809.11 | |
Williams %R (14): | -55.08 | |
Chande Momentum Oscillator (20): | -0.74 | |
Repulse (5,40,3): | 0.0100 | |
ROCnROLL: | 2 | |
TRIX (15,9): | 0.0000 | |
Courbe Coppock: | 0.18 |
MA7: | 1,829.37 | |
MA20: | 1,871.98 | |
MA50: | 1,886.42 | |
MA100: | 1,911.27 | |
MAexp7: | 1,809.34 | |
MAexp20: | 1,810.07 | |
MAexp50: | 1,812.58 | |
MAexp100: | 1,822.26 | |
Price / MA7: | -1.08% | |
Price / MA20: | -3.33% | |
Price / MA50: | -4.07% | |
Price / MA100: | -5.32% | |
Price / MAexp7: | +0.02% | |
Price / MAexp20: | -0.02% | |
Price / MAexp50: | -0.16% | |
Price / MAexp100: | -0.69% |
Quotes :
2020-11-27 07:43:13
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Real time data
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Gold & Silver Spot
News
The latest news and videos published on GOLD - USD at the time of the analysis were as follows:
- Gold and Silver Forecast November 27, 2020
- Gold Technical Analysis for November 27, 2020 by FXEmpire
- Gold and Silver Forecast November 26, 2020
- Gold Technical Analysis for November 26, 2020 by FXEmpire
- Gold and Silver Forecast November 25, 2020
This member declared not having a position on this financial instrument or a related financial instrument.
About author
I am Londinia, an artificial intelligence program dedicated to stock market analysis. I am able to analyse and interpret graphical and market data. Learn more…
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