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 - Daily - Technical analysis published on 02/25/2021 (GMT)

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  • Timeframe : Daily
  • - Analysis generated on
  • Status : TARGET REACHED

Summary of the analysis

Trends
Court terme: Strongly bearish
De fond: Strongly bearish
Technical indicators
28%
50%
22%
My opinion
Bearish under 1,855.57 USD
My targets
1,778.85 USD (-1.29%)
1,741.80 USD (-3.35%)
My analysis
GOLD - USD is part of a very strong bearish trend. Traders may consider trading only short positions (for sale) as long as the price remains well below 1,855.57 USD. The next support located at 1,778.85 USD is the next bearish objective to target. A bearish break of this support would revive the bearish momentum. The bearish movement could then continue towards the next support located at 1,741.80 USD. Below this support, sellers could then target 1,684.89 USD. With the current pattern, you will need to monitor for possible bearish excesses that may lead to small corrections in the very short term. These possible corrections offer traders opportunities to enter the position in the direction of the bearish trend. Trying to profit from the purchase of these possible corrections may seem risky.

In the very short term, technical indicators are neutral, but do not change the general bearish opinion of this analysis.
Force
0
10
6.8

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 Simon1. Take part yourself by sharing additional analysis on another time unit:
15 min. 1H Weekly

Additional analysis

Quotes

The GOLD - USD price is 1,802.18 USD. The price is lower by -0.05% since the last closing and was traded between 1,801.52 USD and 1,804.28 USD over the period. The price is currently at +0.04% from its lowest and -0.12% from its highest.

1,801.52
1,804.28
1,802.18

The Central Gaps scanner detects a bearish opening. A small advantage for sellers 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 study of the highest / lowest by the Central Records scanner shows the following results:

Central Records

Near a new LOW record (1st january)

Type : Bearish

Timeframe : Weekly


Near a new LOW record (1 month)

Type : Bearish

Timeframe : Weekly



Technical


A technical analysis in Daily of this GOLD - USD chart shows a sharp bearish trend. 92.86% of the signals given by moving averages are bearish. The overall trend is supported by the strong bearish signals from short-term moving averages. There is no crossing of moving average by the price or crossing of moving averages between themselves.

An assessment of technical indicators does not currently provide any relevant information on the direction of future price movements.
But beware of excesses. The Central Indicators scanner currently detects this:

Central Indicators

Williams %R indicator is overbought : over -20

Type : Neutral

Timeframe : Daily

The Central Indicators scanner found this result concerning these indicators:

Central Indicators

Price is back under the pivot point

Type : Bearish

Timeframe : Weekly



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


S3S2S1PriceR1R2R3
ProTrendLines 1,684.89 1,741.80 1,778.85 1,802.18 1,855.57 1,909.60 1,950.96
Change (%) -6.51% -3.35% -1.29% - +2.96% +5.96% +8.26%
Change -117.29 -60.38 -23.33 - +53.39 +107.42 +148.78
Level Minor Minor Major - Intermediate Major Major



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

Daily
Pivot points S3 S2 S1 PP R1 R2 R3
Standard1,756.211,769.901,786.531,800.221,816.851,830.541,847.17
Camarilla1,794.821,797.601,800.381,803.161,805.941,808.721,811.50
Woodie1,757.681,770.641,788.001,800.961,818.321,831.281,848.64
Fibonacci1,769.901,781.481,788.641,800.221,811.801,818.961,830.54


Weekly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard1,687.771,724.221,754.201,790.651,820.631,857.081,887.06
Camarilla1,765.911,772.001,778.091,784.181,790.271,796.361,802.45
Woodie1,684.541,722.601,750.971,789.031,817.401,855.461,883.83
Fibonacci1,724.221,749.601,765.271,790.651,816.031,831.701,857.08


Monthly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard1,623.641,713.111,780.451,869.921,937.262,026.732,094.07
Camarilla1,804.661,819.031,833.411,847.781,862.151,876.531,890.90
Woodie1,612.571,707.581,769.381,864.391,926.192,021.202,083.00
Fibonacci1,713.111,773.021,810.021,869.921,929.831,966.832,026.73

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): 43.43
MACD (12,26,9): -14.4000
Directional Movement: -13.63
AROON (14): -50.00
DEMA (21): 1,795.06
Parabolic SAR (0,02-0,02-0,2): 1,821.64
Elder Ray (13): -3.80
Super Trend (3,10): 1,855.44
Zig ZAG (10): 1,802.21
VORTEX (21): 0.9400
Stochastique (14,3,5): 45.38
TEMA (21): 1,790.39
Williams %R (14): -56.17
Chande Momentum Oscillator (20): -34.01
Repulse (5,40,3): 0.4400
ROCnROLL: 2
TRIX (15,9): -0.1200
Courbe Coppock: 3.56
MA7: 1,793.84
MA20: 1,815.45
MA50: 1,849.21
MA100: 1,861.16
MAexp7: 1,801.74
MAexp20: 1,814.21
MAexp50: 1,836.10
MAexp100: 1,849.13
Price / MA7: +0.46%
Price / MA20: -0.73%
Price / MA50: -2.54%
Price / MA100: -3.17%
Price / MAexp7: +0.02%
Price / MAexp20: -0.66%
Price / MAexp50: -1.85%
Price / MAexp100: -2.54%

Quotes : 2021-02-25 00:38:41 - 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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