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 07/22/2021 (GMT)

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

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Summary of the analysis

Trends
Short term: Bearish
Underlying: Bearish
Technical indicators
22%
39%
39%
My opinion
Bearish under 1,827.86 USD
My targets
1,779.43 USD (-0.97%)
1,732.03 USD (-3.61%)
My analysis
There is a bearish trend on GOLD - USD both at the basic level and in the short term. A sale could be considered, so long as the price remains below 1,827.86 USD. Each support break is a strong signal that the current trend will continue. The first bearish objective would be 1,779.43 USD. Then the price could move towards 1,732.03 USD. Then 1,683.99 USD by extension. Be careful, a return to above the resistance 1,827.86 USD would be a sign of a weakening of the trend and a possible rebound phase could then occur. In this case, you could keep away while waiting for a signal that the basic trend will resume. Trading against the trend is perhaps more risky.

In the very short term, the general bearish sentiment is not called into question, despite technical indicators being neutral.
Force
0
10
3.8

Complete this analysis for another time unit:
15 min. 1H Weekly
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.

Additional analysis

Quotes

The GOLD - USD rating is 1,796.90 USD. The price registered a decrease of -0.32% on the session and was between 1,792.77 USD and 1,803.45 USD. This implies that the price is at +0.23% from its lowest and at -0.36% from its highest.

1,792.77
1,803.45
1,796.90

The Central Gaps scanner detects a bearish opening marking the presence of sellers ahead of buyers at the opening but not sufficiently marked to allow the price to register a quotation gap.

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:

Technical


Technical analysis of this Daily chart of GOLD - USD indicates that the overall trend is bearish. The signals given by moving averages are at 67.86% bearish. This bearish trend shows slight signs of slowing down given the slightly bearish signals of short-term moving averages. The Central Indicators market scanner is currently detecting several bearish signals that could impact this trend:

Central Indicators

Bearish trend reversal : adaptative moving average 20

Type : Bearish

Timeframe : Daily


Bearish price crossover with adaptative moving average 20

Type : Bearish

Timeframe : Daily



The technical indicators are generally neutral. They do not provide relevant information on the direction of future price movements.
Other results related to technical indicators were also found by the Central Indicators scanner:

Central Indicators

Pivot points : price is over resistance 3

Type : Neutral

Timeframe : Weekly


Parabolic SAR indicator bearish reversal

Type : Bearish

Timeframe : Daily


Price is back under the pivot point

Type : Bearish

Timeframe : Daily


Price is back under the pivot point

Type : Bearish

Timeframe : Weekly


Williams %R indicator is back under -50

Type : Bearish

Timeframe : Daily



No signals are given by Central Patterns, a market scanner specialised in chart patterns, resistances and supports.

No result was found by the Central Candlesticks scanner on Japanese candlesticks.


ProTrendLines
S3
S2
S1
R1
R2
R3
Price


S3S2S1PriceR1R2R3
ProTrendLines 1,683.99 1,732.03 1,779.43 1,796.90 1,827.86 1,869.90 1,909.60
Change (%) -6.28% -3.61% -0.97% - +1.72% +4.06% +6.27%
Change -112.91 -64.87 -17.47 - +30.96 +73.00 +112.70
Level Major Minor Intermediate - 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
Standard1,774.641,784.711,793.701,803.771,812.761,822.831,831.82
Camarilla1,797.461,799.211,800.951,802.701,804.451,806.191,807.94
Woodie1,774.111,784.441,793.171,803.501,812.231,822.561,831.29
Fibonacci1,784.711,791.991,796.491,803.771,811.051,815.551,822.83


Weekly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard1,748.691,770.191,791.181,812.681,833.671,855.171,876.16
Camarilla1,800.501,804.391,808.291,812.181,816.081,819.971,823.87
Woodie1,748.451,770.061,790.941,812.551,833.431,855.041,875.92
Fibonacci1,770.191,786.421,796.451,812.681,828.911,838.941,855.17


Monthly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard1,541.361,646.081,707.171,811.891,872.981,977.702,038.79
Camarilla1,722.661,737.861,753.061,768.261,783.461,798.661,813.86
Woodie1,519.551,635.171,685.361,800.981,851.171,966.792,016.98
Fibonacci1,646.081,709.421,748.551,811.891,875.231,914.361,977.70

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): 44.04
MACD (12,26,9): -2.9200
Directional Movement: -5.31
AROON (14): 64.29
DEMA (21): 1,801.32
Parabolic SAR (0,02-0,02-0,2): 1,833.38
Elder Ray (13): -8.10
Super Trend (3,10): 1,839.47
Zig ZAG (10): 1,797.21
VORTEX (21): 1.0500
Stochastique (14,3,5): 46.11
TEMA (21): 1,804.61
Williams %R (14): -73.88
Chande Momentum Oscillator (20): 1.97
Repulse (5,40,3): -0.6300
ROCnROLL: 2
TRIX (15,9): -0.0500
Courbe Coppock: 3.20
MA7: 1,812.81
MA20: 1,797.91
MA50: 1,835.37
MA100: 1,794.97
MAexp7: 1,806.54
MAexp20: 1,807.27
MAexp50: 1,813.05
MAexp100: 1,814.75
Price / MA7: -0.88%
Price / MA20: -0.06%
Price / MA50: -2.10%
Price / MA100: +0.11%
Price / MAexp7: -0.53%
Price / MAexp20: -0.57%
Price / MAexp50: -0.89%
Price / MAexp100: -0.98%

Quotes : - Real time data - Gold & Silver Spot

News


The last news published on GOLD - USD at the time of the generation of this analysis was as follows:

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

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