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 - 15 min. - Technical analysis published on 07/29/2021 (GMT)

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  • Timeframe : 15 min.
  • - Analysis generated on
  • Status : TARGET REACHED

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Summary of the analysis

Trends
Short term: Strongly bullish
Underlying: Strongly bullish
Technical indicators
72%
0%
28%
My opinion
Bullish above 1,804.18 USD
My targets
1,821.69 USD (+0.23%)
1,833.07 USD (+0.85%)
My analysis
The bullish trend is currently very strong on GOLD - USD. As long as the price remains above the support at 1,804.18 USD, you could try to benefit from the boom. The first bullish objective is located at 1,821.69 USD. The bullish momentum would be boosted by a break in this resistance. Buyers would then use the next resistance located at 1,833.07 USD as an objective. Crossing it would then enable buyers to target 1,869.90 USD. Be careful, given the powerful bullish rally underway, excesses could lead to a possible correction in the short term. If this is the case, remember that trading against the trend may be riskier. It would seem more appropriate to wait for a signal indicating reversal of the trend.

Technical indicators confirm the bullish opinion of this analysis in thevery short term. However, be careful of excessive bullish movements. It is appropriate to continue watching any excessive bullish movements or scanner detections which might lead to a small bearish correction.
Force
0
10
8.4

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 shravanvuppala. Take part yourself by sharing additional analysis on another time unit:
1H Daily Weekly

Additional analysis

Quotes

The GOLD - USD price is 1,817.55 USD. On the day, this instrument gained +0.45% and was between 1,808.61 USD and 1,818.27 USD. This implies that the price is at +0.49% from its lowest and at -0.04% from its highest.

1,808.61
1,818.27
1,817.55

A bearish opening was detected by the Central Gaps scanner. Sellers are trying to impose a bearish trend 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:

Technical


Technical analysis of this 15 min. chart of GOLD - USD indicates that the overall trend is strongly bullish. 92.86% of the signals given by moving averages are bullish. The overall trend is supported by the strong bullish signals from short-term moving averages. The Central Indicators market scanner currently does not detect any result that concerns moving averages.

Technical indicators are strongly bullish, suggesting that the price increase should continue.
Caution: the Central Indicators scanner currently detects an excess:

Central Indicators

RSI indicator is overbought : over 70

Type : Neutral

Timeframe : 15 minutes


CCI indicator is overbought : over 100

Type : Neutral

Timeframe : 15 minutes


Previous candle closed over Bollinger bands

Type : Neutral

Timeframe : 15 minutes


RSI indicator: bearish divergence

Type : Bearish

Timeframe : 15 minutes


Williams %R indicator is overbought : over -20

Type : Neutral

Timeframe : 15 minutes

Central Indicators, the scanner specialised in technical indicators, has identified these signals:

Central Indicators

Pivot points : price is over resistance 1

Type : Neutral

Timeframe : 15 minutes


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, specialised in Japanese candlesticks, did not identify any signals.


ProTrendLines
S3
S2
S1
R1
R2
R3
Price


S3S2S1PriceR1R2R3
ProTrendLines 1,798.44 1,805.28 1,811.56 1,817.55 1,819.21 1,825.00 1,828.53
Change (%) -1.05% -0.68% -0.33% - +0.09% +0.41% +0.60%
Change -19.11 -12.27 -5.99 - +1.66 +7.45 +10.98
Level Minor Intermediate Intermediate - Minor Intermediate Minor



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
Standard1,780.541,786.671,798.051,804.181,815.561,821.691,833.07
Camarilla1,804.621,806.221,807.831,809.431,811.041,812.641,814.25
Woodie1,783.171,787.981,800.681,805.491,818.191,823.001,835.70
Fibonacci1,786.671,793.361,797.491,804.181,810.871,815.001,821.69


Weekly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard1,751.351,770.661,786.381,805.691,821.411,840.721,856.44
Camarilla1,792.471,795.681,798.891,802.101,805.311,808.521,811.73
Woodie1,749.561,769.761,784.591,804.791,819.621,839.821,854.65
Fibonacci1,770.661,784.041,792.311,805.691,819.071,827.341,840.72


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): 71.24
MACD (12,26,9): 1.9800
Directional Movement: 22.52
AROON (14): 92.86
DEMA (21): 1,817.91
Parabolic SAR (0,02-0,02-0,2): 1,814.89
Elder Ray (13): 1.84
Super Trend (3,10): 1,814.10
Zig ZAG (10): 1,817.73
VORTEX (21): 1.2500
Stochastique (14,3,5): 77.10
TEMA (21): 1,817.34
Williams %R (14): -8.23
Chande Momentum Oscillator (20): 0.92
Repulse (5,40,3): 0.1200
ROCnROLL: 1
TRIX (15,9): 0.0200
Courbe Coppock: 0.15
MA7: 1,805.25
MA20: 1,806.49
MA50: 1,829.65
MA100: 1,800.11
MAexp7: 1,816.38
MAexp20: 1,815.08
MAexp50: 1,811.05
MAexp100: 1,807.40
Price / MA7: +0.68%
Price / MA20: +0.61%
Price / MA50: -0.66%
Price / MA100: +0.97%
Price / MAexp7: +0.06%
Price / MAexp20: +0.14%
Price / MAexp50: +0.36%
Price / MAexp100: +0.56%

Quotes : - 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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