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 12/02/2021 (GMT)

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  • Timeframe : Daily
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Summary of the analysis

Trends
Short term: Strongly bearish
Underlying: Bearish
Technical indicators
22%
61%
17%
My opinion
Bearish under 1,794.25 USD
My targets
1,727.91 USD (-2.45%)
1,684.74 USD (-4.89%)
My analysis
GOLD - USD is part of a very strong bearish trend. Traders may consider trading only short positions (for sale) as long as the price remains well below 1,794.25 USD. The next support located at 1,727.91 USD is the next bearish objective to target. A bearish break of this support would revive the bearish momentum. The bearish movement could then continue towards the next support located at 1,684.74 USD. Below this support, sellers could then target 1,471.86 USD.

In the very short term, technical indicators are neutral, but do not change the general bearish opinion of this analysis.
Force
0
10
4.8

This analysis was given by skyallex. Take part yourself by sharing additional analysis on 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 1,771.27 USD. The price registered a decrease of -0.59% on the session and was traded between 1,763.48 USD and 1,782.21 USD over the period. The price is currently at +0.44% from its lowest and -0.61% from its highest.

1,763.48
1,782.21
1,771.27

The Central Gaps scanner detects a bullish opening. A small advantage for buyers in the very short term.

Central Gaps

Bullish opening

Type : Bullish

Timeframe : Openning



Here is a more detailed summary of the historical variations registered by GOLD - USD:
The study of the highest / lowest by the Central Records scanner shows the following result:

Central Records

Near a new LOW record (1 month)

Type : Bearish

Timeframe : Weekly



Technical


A technical analysis in Daily of this GOLD - USD chart shows a bearish trend. 67.86% of the signals given by moving averages are bearish. The overall trend is reinforced by the strong bearish signals from short-term moving averages. There is no crossing of moving average by the price or crossing of moving averages between themselves.

An assessment of technical indicators does not currently provide any relevant information to suggest whether the signal given by the technical indicators is more bullish or bearish.
Caution: the Central Indicators scanner currently detects an excess:

Central Indicators

Williams %R indicator is oversold : under -80

Type : Neutral

Timeframe : Daily

Central Indicators, the detector scanner for these technical indicators has recently detected several signals:

Central Indicators

Pivot points : price is under support 1

Type : Neutral

Timeframe : Daily


Ichimoku : price is over the cloud

Type : Bullish

Timeframe : Daily


Ichimoku - Bearish crossover : Tenkan & Kijun

Type : Bearish

Timeframe : Daily



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


S3S2S1PriceR1R2R3
ProTrendLines 1,684.74 1,727.91 1,762.45 1,771.27 1,794.25 1,829.35 1,866.53
Change (%) -4.89% -2.45% -0.50% - +1.30% +3.28% +5.38%
Change -86.53 -43.36 -8.82 - +22.98 +58.08 +95.26
Level Major Intermediate Minor - Intermediate Intermediate Intermediate



Pivot points can also be used to set your price objectives. Here is the price situation in relation to pivot points:

Daily
Pivot points S3 S2 S1 PP R1 R2 R3
Standard1,749.411,761.021,771.441,783.051,793.471,805.081,815.50
Camarilla1,775.801,777.821,779.841,781.861,783.881,785.901,787.92
Woodie1,748.821,760.721,770.851,782.751,792.881,804.781,814.91
Fibonacci1,761.021,769.441,774.641,783.051,791.471,796.671,805.08


Weekly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard1,693.761,736.191,764.301,806.731,834.841,877.271,905.38
Camarilla1,773.011,779.481,785.941,792.411,798.881,805.341,811.81
Woodie1,686.601,732.611,757.141,803.151,827.681,873.691,898.22
Fibonacci1,736.191,763.141,779.781,806.731,833.681,850.321,877.27


Monthly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard1,610.781,684.841,729.061,803.121,847.341,921.401,965.62
Camarilla1,740.761,751.611,762.451,773.291,784.131,794.981,805.82
Woodie1,595.871,677.381,714.151,795.661,832.431,913.941,950.71
Fibonacci1,684.841,730.021,757.931,803.121,848.301,876.211,921.40

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): 37.23
MACD (12,26,9): -6.9500
Directional Movement: -1.83
AROON (14): -85.71
DEMA (21): 1,798.73
Parabolic SAR (0,02-0,02-0,2): 1,838.94
Elder Ray (13): -25.06
Super Trend (3,10): 1,845.46
Zig ZAG (10): 1,770.21
VORTEX (21): 1.0100
Stochastique (14,3,5): 6.77
TEMA (21): 1,784.64
Williams %R (14): -94.29
Chande Momentum Oscillator (20): -80.01
Repulse (5,40,3): -1.6300
ROCnROLL: 2
TRIX (15,9): 0.0300
Courbe Coppock: 6.37
MA7: 1,784.06
MA20: 1,820.90
MA50: 1,791.83
MA100: 1,791.89
MAexp7: 1,786.50
MAexp20: 1,802.68
MAexp50: 1,800.04
MAexp100: 1,798.01
Price / MA7: -0.72%
Price / MA20: -2.73%
Price / MA50: -1.15%
Price / MA100: -1.15%
Price / MAexp7: -0.85%
Price / MAexp20: -1.74%
Price / MAexp50: -1.60%
Price / MAexp100: -1.49%

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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