GOLD - USD - 15 min. - Technical analysis published on 12/07/2021 (GMT)
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- Timeframe : 15 min.
- - Analysis generated on
- Status : INVALID
Analysis too old. There are no more charts available.
Summary of the analysis
Trends
Short term:
Strongly bearish
Underlying:
Bearish
Technical indicators
22%
61%
17%
My opinion
Bearish under 1,781.52 USD
My targets
1,769.42 USD (-0.32%)
1,763.10 USD (-0.68%)
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 1,781.52 USD. The next support located at 1,769.42 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 1,763.10 USD. Below this support, sellers could then target 1,762.45 USD.
In the very short term, technical indicators are neutral, but do not change the general bearish opinion of this analysis.
Force
0
10
5.5
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This analysis was given by Anasabbas1991. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
The GOLD - USD rating is 1,775.09 USD. The price is lower by -0.33% since the last closing and was traded between 1,772.22 USD and 1,784.76 USD over the period. The price is currently at +0.16% from its lowest and -0.54% from its highest.1,772.22
1,784.76
1,775.09
Here is a more detailed summary of the historical variations registered by GOLD - USD:
Near a new LOW record (1 month)
Type : Bearish
Timeframe : Weekly
Technical
Technical analysis of this 15 min. chart of GOLD - USD indicates that the overall trend is bearish. 75.00% of the signals given by moving averages are bearish. This bearish trend is supported by the strong bearish signals given by 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 on the direction of future price movements.
Caution: the Central Indicators scanner currently detects an excess:
Williams %R indicator is oversold : under -80
Type : Neutral
Timeframe : 15 minutes
Pivot points : price is under support 1
Type : Neutral
Timeframe : 15 minutes
RSI indicator is back under 50
Type : Bearish
Timeframe : 15 minutes
MACD crosses DOWN its Moving Average
Type : Bearish
Timeframe : 15 minutes
Parabolic SAR indicator bearish reversal
Type : Bearish
Timeframe : 15 minutes
Ichimoku : price is under the cloud
Type : Bearish
Timeframe : 15 minutes
Price is back under the pivot point
Type : Bearish
Timeframe : Weekly
Momentum indicator is back under 0
Type : Bearish
Timeframe : 15 minutes
Williams %R indicator is back under -50
Type : Bearish
Timeframe : 15 minutes
Central Patterns, the scanner specializing in chart patterns, did not identify any signals.
For a small setback in the very short term, the Central Candlesticks scanner currently notes the presence of this bearish pattern in Japanese candlesticks:
Long black line
Type : Bearish
Timeframe : 15 minutes
Three black crows
Type : Bearish
Timeframe : 15 minutes
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 1,727.91 | 1,762.45 | 1,769.89 | 1,775.09 | 1,781.15 | 1,794.25 | 1,808.78 |
| Change (%) | -2.66% | -0.71% | -0.29% | - | +0.34% | +1.08% | +1.90% |
| Change | -47.18 | -12.64 | -5.20 | - | +6.06 | +19.16 | +33.69 |
| Level | Intermediate | Major | Intermediate | - | Intermediate | Intermediate | Minor |
Attention could also be paid to pivot points to set price objectives:
Daily
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 1,763.10 | 1,769.42 | 1,775.20 | 1,781.52 | 1,787.30 | 1,793.62 | 1,799.40 |
| Camarilla | 1,777.66 | 1,778.77 | 1,779.88 | 1,780.99 | 1,782.10 | 1,783.21 | 1,784.32 |
| Woodie | 1,762.84 | 1,769.29 | 1,774.94 | 1,781.39 | 1,787.04 | 1,793.49 | 1,799.14 |
| Fibonacci | 1,769.42 | 1,774.04 | 1,776.89 | 1,781.52 | 1,786.14 | 1,788.99 | 1,793.62 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 1,713.62 | 1,737.74 | 1,760.54 | 1,784.66 | 1,807.46 | 1,831.58 | 1,854.38 |
| Camarilla | 1,770.44 | 1,774.74 | 1,779.04 | 1,783.34 | 1,787.64 | 1,791.94 | 1,796.24 |
| Woodie | 1,712.96 | 1,737.41 | 1,759.88 | 1,784.33 | 1,806.80 | 1,831.25 | 1,853.72 |
| Fibonacci | 1,737.74 | 1,755.66 | 1,766.74 | 1,784.66 | 1,802.58 | 1,813.66 | 1,831.58 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 1,610.78 | 1,684.84 | 1,729.06 | 1,803.12 | 1,847.34 | 1,921.40 | 1,965.62 |
| Camarilla | 1,740.76 | 1,751.61 | 1,762.45 | 1,773.29 | 1,784.13 | 1,794.98 | 1,805.82 |
| Woodie | 1,595.87 | 1,677.38 | 1,714.15 | 1,795.66 | 1,832.43 | 1,913.94 | 1,950.71 |
| Fibonacci | 1,684.84 | 1,730.02 | 1,757.93 | 1,803.12 | 1,848.30 | 1,876.21 | 1,921.40 |
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): | 29.32 | |
| MACD (12,26,9): | -0.8100 | |
| Directional Movement: | -23.33 | |
| AROON (14): | -42.86 | |
| DEMA (21): | 1,779.55 | |
| Parabolic SAR (0,02-0,02-0,2): | 1,784.13 | |
| Elder Ray (13): | -5.47 | |
| Super Trend (3,10): | 1,781.38 | |
| Zig ZAG (10): | 1,773.85 | |
| VORTEX (21): | 0.8100 | |
| Stochastique (14,3,5): | 10.32 | |
| TEMA (21): | 1,778.19 | |
| Williams %R (14): | -93.38 | |
| Chande Momentum Oscillator (20): | -7.59 | |
| Repulse (5,40,3): | -0.4400 | |
| ROCnROLL: | 2 | |
| TRIX (15,9): | 0.0000 | |
| Courbe Coppock: | 0.10 |
| MA7: | 1,778.58 | |
| MA20: | 1,814.24 | |
| MA50: | 1,793.88 | |
| MA100: | 1,790.95 | |
| MAexp7: | 1,778.52 | |
| MAexp20: | 1,780.28 | |
| MAexp50: | 1,780.49 | |
| MAexp100: | 1,780.26 | |
| Price / MA7: | -0.20% | |
| Price / MA20: | -2.16% | |
| Price / MA50: | -1.05% | |
| Price / MA100: | -0.89% | |
| Price / MAexp7: | -0.19% | |
| Price / MAexp20: | -0.29% | |
| Price / MAexp50: | -0.30% | |
| Price / MAexp100: | -0.29% |
Quotes :
-
Real time data
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Gold & Silver Spot
News
The latest news and videos published on GOLD - USD at the time of the analysis were as follows:
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Gold and AUD/USD Forecast December 7, 2021
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Gold Technical Analysis for December 07, 2021 by FXEmpire
-
‘American Gold’ brothers struggle in search for underground gold mine
-
Gold Forecast December 6, 2021
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Gold Technical Analysis for the Week of December 06, 2021 by FXEmpire
This member declared not having a position on this financial instrument or a related financial instrument.
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