GOLD - USD - 1H - Technical analysis published on 07/27/2021 (GMT)
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- Timeframe : 1H
- - Analysis generated on
- Status : LEVEL MAINTAINED
Analysis too old. There are no more charts available.
Summary of the analysis
Trends
Short term:
Neutral
Underlying:
Bearish
Technical indicators
39%
22%
39%
My opinion
Bearish under 1,805.27 USD
My targets
1,789.97 USD (-0.47%)
1,762.14 USD (-2.02%)
My analysis
Has the basic bearish trend slowed or is it lacking in power? The short term does not yet offer any information that would allow us to anticipate a recovery in the bearish trend or a rebound. Sellers' generally have the upper hand, even if a small correction (not tradeable) on the resistance located at 1,805.27 USD remains possible. It is advisable to trade GOLD - USD with the greatest caution, while favouring short positions (for sale) as long as the price remains well below 1,805.27 USD. The next bearish objective for sellers is set at 1,789.97 USD. A bearish break of this support would revive the bearish momentum. The sellers could then target the support located at 1,762.14 USD. In case of crossing, the next objective would be the support located at 1,732.03 USD. PS: if there is a bullish break in the resistance located at 1,805.27 USD we suggest that you produce a new automated technical analysis. In fact, conditions should have changed. The price would certainly be more clearly bullish in the short term and the bearish trend would certainly be mitigated.
Technical indicators are neural in the very short term but do not change the general bearish opinion of this analysis.
Force
0
10
3.4
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This analysis was given by Vincent Launay. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
The GOLD - USD rating is 1,798.46 USD. The price has increased by +0.04% since the last closing with the lowest point at 1,793.65 USD and the highest point at 1,801.27 USD. The deviation from the price is +0.27% for the low point and -0.16% for the high point.1,793.65
1,801.27
1,798.46
The Central Gaps scanner detects a bullish opening. A small advantage for buyers 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 1H of this GOLD - USD chart shows a bearish trend. 78.57% of the signals given by moving averages are bearish. Caution: as the signals currently given by short-term moving averages are rather neutral, the bearish trend could slow down. The Central Indicators scanner detects a bearish signal on moving averages that could impact this trend:
Moving Average bearish crossovers : AMA50 & AMA100
Type : Bearish
Timeframe : 1 hour
In fact, of the 18 technical indicators analysed by Central Analyzer, 7 are bullish, 7 are neutral and 4 are bearish. Central Indicators, the scanner specialised in technical indicators, has identified these signals:
Price is back under the pivot point
Type : Bearish
Timeframe : Weekly
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 | 1,762.14 | 1,789.97 | 1,794.95 | 1,798.46 | 1,805.27 | 1,811.56 | 1,828.28 |
| Change (%) | -2.02% | -0.47% | -0.20% | - | +0.38% | +0.73% | +1.66% |
| Change | -36.32 | -8.49 | -3.51 | - | +6.81 | +13.10 | +29.82 |
| Level | Intermediate | Minor | Intermediate | - | Intermediate | Intermediate | Intermediate |
Attention could also be paid to pivot points to set price objectives:
Daily
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 1,777.10 | 1,786.75 | 1,792.24 | 1,801.89 | 1,807.38 | 1,817.03 | 1,822.52 |
| Camarilla | 1,793.57 | 1,794.95 | 1,796.34 | 1,797.73 | 1,799.12 | 1,800.51 | 1,801.89 |
| Woodie | 1,775.02 | 1,785.71 | 1,790.16 | 1,800.85 | 1,805.30 | 1,815.99 | 1,820.44 |
| Fibonacci | 1,786.75 | 1,792.53 | 1,796.11 | 1,801.89 | 1,807.67 | 1,811.25 | 1,817.03 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 1,751.35 | 1,770.66 | 1,786.38 | 1,805.69 | 1,821.41 | 1,840.72 | 1,856.44 |
| Camarilla | 1,792.47 | 1,795.68 | 1,798.89 | 1,802.10 | 1,805.31 | 1,808.52 | 1,811.73 |
| Woodie | 1,749.56 | 1,769.76 | 1,784.59 | 1,804.79 | 1,819.62 | 1,839.82 | 1,854.65 |
| Fibonacci | 1,770.66 | 1,784.04 | 1,792.31 | 1,805.69 | 1,819.07 | 1,827.34 | 1,840.72 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 1,541.36 | 1,646.08 | 1,707.17 | 1,811.89 | 1,872.98 | 1,977.70 | 2,038.79 |
| Camarilla | 1,722.66 | 1,737.86 | 1,753.06 | 1,768.26 | 1,783.46 | 1,798.66 | 1,813.86 |
| Woodie | 1,519.55 | 1,635.17 | 1,685.36 | 1,800.98 | 1,851.17 | 1,966.79 | 2,016.98 |
| Fibonacci | 1,646.08 | 1,709.42 | 1,748.55 | 1,811.89 | 1,875.23 | 1,914.36 | 1,977.70 |
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): | 44.31 | |
| MACD (12,26,9): | -1.4200 | |
| Directional Movement: | -7.00 | |
| AROON (14): | 7.14 | |
| DEMA (21): | 1,796.25 | |
| Parabolic SAR (0,02-0,02-0,2): | 1,794.10 | |
| Elder Ray (13): | -1.24 | |
| Super Trend (3,10): | 1,804.48 | |
| Zig ZAG (10): | 1,797.13 | |
| VORTEX (21): | 0.9700 | |
| Stochastique (14,3,5): | 44.58 | |
| TEMA (21): | 1,795.98 | |
| Williams %R (14): | -51.18 | |
| Chande Momentum Oscillator (20): | -0.34 | |
| Repulse (5,40,3): | 0.0300 | |
| ROCnROLL: | -1 | |
| TRIX (15,9): | -0.0100 | |
| Courbe Coppock: | 0.09 |
| MA7: | 1,804.16 | |
| MA20: | 1,802.17 | |
| MA50: | 1,831.84 | |
| MA100: | 1,798.24 | |
| MAexp7: | 1,797.30 | |
| MAexp20: | 1,798.17 | |
| MAexp50: | 1,800.45 | |
| MAexp100: | 1,802.91 | |
| Price / MA7: | -0.32% | |
| Price / MA20: | -0.21% | |
| Price / MA50: | -1.82% | |
| Price / MA100: | +0.01% | |
| Price / MAexp7: | +0.06% | |
| Price / MAexp20: | +0.02% | |
| Price / MAexp50: | -0.11% | |
| Price / MAexp100: | -0.25% |
Quotes :
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Real time data
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Gold & Silver Spot
News
Don't forget to follow the news on GOLD - USD. At the time of publication of this analysis, the latest news was as follows:
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This member declared not having a position on this financial instrument or a related financial instrument.
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