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 11/27/2020 (GMT)

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  • Timeframe : 1H
  • - Analysis generated on
  • Status : TARGET REACHED

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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

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 Anasabbas1991. Take part yourself by sharing additional analysis on another time unit:
15 min. Daily Weekly

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.

Central Gaps

Bullish opening

Type : Bullish

Timeframe : Openning



Here is a more detailed summary of the historical variations registered by GOLD - USD:
The Central Records scanner, which identifies the highest / lowest, has detected an element:

Central Records

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:

Central Indicators

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:

Central Indicators

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


S3S2S1PriceR1R2R3
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
Standard1,791.411,798.631,803.921,811.141,816.431,823.651,828.94
Camarilla1,805.781,806.931,808.071,809.221,810.371,811.511,812.66
Woodie1,790.461,798.151,802.971,810.661,815.481,823.171,827.99
Fibonacci1,798.631,803.411,806.361,811.141,815.921,818.871,823.65


Weekly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard1,803.081,827.911,849.471,874.301,895.861,920.691,942.25
Camarilla1,858.261,862.521,866.771,871.021,875.271,879.531,883.78
Woodie1,801.441,827.091,847.831,873.481,894.221,919.871,940.61
Fibonacci1,827.911,845.631,856.581,874.301,892.021,902.971,920.69


Monthly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard1,774.491,817.261,847.831,890.601,921.171,963.941,994.51
Camarilla1,858.241,864.961,871.691,878.411,885.131,891.861,898.58
Woodie1,768.401,814.211,841.741,887.551,915.081,960.891,988.42
Fibonacci1,817.261,845.271,862.581,890.601,918.611,935.921,963.94

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 - 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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