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 09/17/2021 (GMT)

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

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Summary of the analysis

Trends
Short term: Neutral
Underlying: Bearish
Technical indicators
61%
6%
33%
My opinion
Bearish under 1,783.88 USD
My targets
1,751.56 USD (-0.81%)
1,745.33 USD (-1.16%)
My analysis
We are currently in a phase of short-term indecision. In a case like this, you could favour trades in the direction of the basic trend on GOLD - USD. As long as you are under the resistance located at 1,783.88 USD, traders with an aggressive trading strategy could consider a sale. A cross of the support located at 1,751.56 USD would be a signal of a reversal in the basic trend and the short-term trend could then quickly become bearish. Sellers would then use the next support located at 1,745.33 USD as an objective. Crossing it would then enable sellers to target 1,727.04 USD. If the resistance 1,783.88 USD were to be broken, this would simply be a sign of possible further short-term consolidation and trading against this trend would then perhaps be more risky.

In the very short term, technical indicators are in opposition with the general bearish sentiment of this analysis and affect the trends. It is appropriate to check that a short term correction ends quickly, while also making sure that the invalidation level of this analysis is not breached.
Force
0
10
0.7

This analysis was given by huthayfa. Take part yourself by sharing additional analysis on another time unit:
15 min. Daily 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 price is 1,765.81 USD. The price registered an increase of +0.68% on the session with the lowest point at 1,753.87 USD and the highest point at 1,766.94 USD. The deviation from the price is +0.68% for the low point and -0.06% for the high point.

1,753.87
1,766.94
1,765.81

A study of price movements over other periods shows the following variations:

Technical


Technical analysis of GOLD - USD in 1H shows an overall bearish trend. The signals given by moving averages are 71.43% bearish. This bearish trend could slow down given the neutral signals currently being given by short-term moving averages. The Central Indicators scanner does not detect any result on moving averages that would impact this trend.

An assessment of technical indicators shows a moderate bullish signal.
Caution: the Central Indicators scanner currently detects an excess:

Central Indicators

CCI indicator is overbought : over 100

Type : Neutral

Timeframe : 1 hour


Williams %R indicator is overbought : over -20

Type : Neutral

Timeframe : 1 hour

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

Central Indicators

Pivot points : price is under support 1

Type : Neutral

Timeframe : Weekly


RSI indicator is back over 50

Type : Bullish

Timeframe : 1 hour


SuperTrend indicator bullish reversal

Type : Bullish

Timeframe : 1 hour



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

The Central Candlesticks scanner, specialised in Japanese candlesticks, did not identify any signals.


ProTrendLines
S3
S2
S1
R1
R2
R3
Price


S3S2S1PriceR1R2R3
ProTrendLines 1,745.33 1,751.56 1,761.50 1,765.81 1,783.88 1,794.42 1,804.08
Change (%) -1.16% -0.81% -0.24% - +1.02% +1.62% +2.17%
Change -20.48 -14.25 -4.31 - +18.07 +28.61 +38.27
Level Major Minor Minor - Major Intermediate Intermediate



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
Standard1,683.201,714.261,734.101,765.161,785.001,816.061,835.90
Camarilla1,739.931,744.601,749.261,753.931,758.601,763.261,767.93
Woodie1,677.581,711.461,728.481,762.361,779.381,813.261,830.28
Fibonacci1,714.261,733.711,745.721,765.161,784.611,796.621,816.06


Weekly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard1,722.061,752.251,769.921,800.111,817.781,847.971,865.64
Camarilla1,774.421,778.811,783.191,787.581,791.971,796.351,800.74
Woodie1,715.791,749.121,763.651,796.981,811.511,844.841,859.37
Fibonacci1,752.251,770.541,781.831,800.111,818.401,829.691,847.97


Monthly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard1,495.031,565.831,690.201,761.001,885.371,956.172,080.54
Camarilla1,760.911,778.801,796.691,814.581,832.471,850.361,868.25
Woodie1,521.831,579.221,717.001,774.391,912.171,969.562,107.34
Fibonacci1,565.831,640.381,686.441,761.001,835.551,881.611,956.17

Numerical data


The following is the status of technical indicators and moving averages registered at the time this technical analysis was created:

Technical indicators
Moving averages

RSI (14): 51.05
MACD (12,26,9): -3.8500
Directional Movement: -3.92
AROON (14): 85.71
DEMA (21): 1,755.76
Parabolic SAR (0,02-0,02-0,2): 1,755.97
Elder Ray (13): 2.72
Super Trend (3,10): 1,752.72
Zig ZAG (10): 1,766.01
VORTEX (21): 1.0700
Stochastique (14,3,5): 89.46
TEMA (21): 1,760.63
Williams %R (14): -3.12
Chande Momentum Oscillator (20): 13.84
Repulse (5,40,3): 0.2500
ROCnROLL: -1
TRIX (15,9): -0.0500
Courbe Coppock: 0.86
MA7: 1,784.89
MA20: 1,799.49
MA50: 1,796.49
MA100: 1,816.09
MAexp7: 1,762.76
MAexp20: 1,762.38
MAexp50: 1,772.80
MAexp100: 1,781.92
Price / MA7: -1.07%
Price / MA20: -1.87%
Price / MA50: -1.71%
Price / MA100: -2.77%
Price / MAexp7: +0.18%
Price / MAexp20: +0.20%
Price / MAexp50: -0.39%
Price / MAexp100: -0.90%

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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