GOLD - USD - 15 min. - Technical analysis published on 11/29/2021 (GMT)
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- Timeframe : 15 min.
- - Analysis generated on
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Summary of the analysis
Trends
Short term:
Strongly bullish
Underlying:
Bullish
Technical indicators
78%
0%
22%
My opinion
Bullish above 1,796.16 USD
My targets
1,811.85 USD (+0.76%)
1,831.28 USD (+1.84%)
My analysis
In the short term, there could be an acceleration of the basic bullish trend on GOLD - USD. This is a positive signal for buyers. As long as the price remains above 1,796.16 USD, a purchase could be considered. The first bullish objective is located at 1,811.85 USD. The bullish momentum would be boosted by a break in this resistance. Buyers would then use the next resistance located at 1,831.28 USD as an objective. Crossing it would then enable buyers to target 1,846.97 USD. In the event of a return below 1,796.16 USD, the price would probably only initiate a small short-term correction to improve the bullish trend. Trading this correction may be risky.
In the very short term, the general bullish sentiment is confirmed by technical indicators. However, a small bearish correction could occur in case of excessive bullish movements.
Force
0
10
6.1
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Additional analysis
Quotes
GOLD - USD rating 1,798.22 USD. The price registered an increase of +0.32% on the session and was traded between 1,779.02 USD and 1,799.33 USD over the period. The price is currently at +1.08% from its lowest and -0.06% from its highest.1,779.02
1,799.33
1,798.22
The Central Gaps scanner detects a bullish opening marking the presence of buyers ahead of sellers at the opening but not sufficiently marked to allow the price to register a quotation gap.
Bullish opening
Type : Bullish
Timeframe : Openning
A study of price movements over other periods shows the following variations:
Technical
A technical analysis in 15 min. of this GOLD - USD chart shows a bullish trend. 67.86% of the signals given by moving averages are bullish. The overall trend is reinforced by the strong bullish signals from short-term moving averages. There is no crossing of moving average by the price or crossing of moving averages between themselves.
In fact, according to the parameters integrated into the Central Analyzer system, 14 technical indicators out of 18 analysed are currently bullish. But beware of excesses. The Central Indicators scanner currently detects this:
CCI indicator is overbought : over 100
Type : Neutral
Timeframe : 15 minutes
Williams %R indicator is overbought : over -20
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.
No result was found by the Central Candlesticks scanner on Japanese candlesticks.
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 1,762.45 | 1,778.62 | 1,794.25 | 1,798.22 | 1,815.60 | 1,829.56 | 1,849.43 |
| Change (%) | -1.99% | -1.09% | -0.22% | - | +0.97% | +1.74% | +2.85% |
| Change | -35.77 | -19.60 | -3.97 | - | +17.38 | +31.34 | +51.21 |
| Level | Minor | Minor | Major | - | Minor | Major | 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 |
|---|---|---|---|---|---|---|---|
| Standard | 1,741.61 | 1,761.04 | 1,776.73 | 1,796.16 | 1,811.85 | 1,831.28 | 1,846.97 |
| Camarilla | 1,782.75 | 1,785.97 | 1,789.19 | 1,792.41 | 1,795.63 | 1,798.85 | 1,802.07 |
| Woodie | 1,739.73 | 1,760.11 | 1,774.85 | 1,795.23 | 1,809.97 | 1,830.35 | 1,845.09 |
| Fibonacci | 1,761.04 | 1,774.46 | 1,782.75 | 1,796.16 | 1,809.58 | 1,817.87 | 1,831.28 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 1,693.76 | 1,736.19 | 1,764.30 | 1,806.73 | 1,834.84 | 1,877.27 | 1,905.38 |
| Camarilla | 1,773.01 | 1,779.48 | 1,785.94 | 1,792.41 | 1,798.88 | 1,805.34 | 1,811.81 |
| Woodie | 1,686.60 | 1,732.61 | 1,757.14 | 1,803.15 | 1,827.68 | 1,873.69 | 1,898.22 |
| Fibonacci | 1,736.19 | 1,763.14 | 1,779.78 | 1,806.73 | 1,833.68 | 1,850.32 | 1,877.27 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 1,680.20 | 1,713.06 | 1,748.13 | 1,780.99 | 1,816.06 | 1,848.92 | 1,883.99 |
| Camarilla | 1,764.52 | 1,770.75 | 1,776.97 | 1,783.20 | 1,789.43 | 1,795.65 | 1,801.88 |
| Woodie | 1,681.31 | 1,713.61 | 1,749.24 | 1,781.54 | 1,817.17 | 1,849.47 | 1,885.10 |
| Fibonacci | 1,713.06 | 1,739.01 | 1,755.04 | 1,780.99 | 1,806.94 | 1,822.97 | 1,848.92 |
Numerical data
The following is the status of the technical indicators and moving averages at the time of publication of this technical analysis:
Technical indicators
Moving averages
| RSI (14): | 59.83 | |
| MACD (12,26,9): | 0.6400 | |
| Directional Movement: | 7.52 | |
| AROON (14): | 42.86 | |
| DEMA (21): | 1,795.63 | |
| Parabolic SAR (0,02-0,02-0,2): | 1,793.03 | |
| Elder Ray (13): | 1.51 | |
| Super Trend (3,10): | 1,797.94 | |
| Zig ZAG (10): | 1,797.41 | |
| VORTEX (21): | 1.0500 | |
| Stochastique (14,3,5): | 87.33 | |
| TEMA (21): | 1,796.59 | |
| Williams %R (14): | -4.10 | |
| Chande Momentum Oscillator (20): | 1.77 | |
| Repulse (5,40,3): | 0.1800 | |
| ROCnROLL: | 1 | |
| TRIX (15,9): | 0.0000 | |
| Courbe Coppock: | 0.19 |
| MA7: | 1,802.69 | |
| MA20: | 1,823.04 | |
| MA50: | 1,791.33 | |
| MA100: | 1,793.38 | |
| MAexp7: | 1,796.23 | |
| MAexp20: | 1,795.07 | |
| MAexp50: | 1,795.01 | |
| MAexp100: | 1,795.48 | |
| Price / MA7: | -0.25% | |
| Price / MA20: | -1.36% | |
| Price / MA50: | +0.38% | |
| Price / MA100: | +0.27% | |
| Price / MAexp7: | +0.11% | |
| Price / MAexp20: | +0.18% | |
| Price / MAexp50: | +0.18% | |
| Price / MAexp100: | +0.15% |
Quotes :
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Real time data
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Gold & Silver Spot
News
The last news published on GOLD - USD at the time of the generation of this analysis was as follows:
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A storm stands between the Dale brothers and lost gold
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The clock is ticking in the search for hidden gold
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Gold and Silver Forecast November 29, 2021
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Gold Technical Analysis for the Week of November 29, 2021 by FXEmpire
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Gold Technical Analysis for November 29, 2021 by FXEmpire
This member declared not having a position on this financial instrument or a related financial instrument.
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