GOLD - USD
GOLD - USD
- USD (-)
- Real time data - Gold & Silver Spot
Open: -
Change: -
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High / Low range: -
Type: Commodities
Ticker: XAUUSD
ISIN:

GOLD - USD - 1H - Technical analysis published on 01/28/2022 (GMT)

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

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Summary of the analysis

Trends
Short term: Strongly bearish
Underlying: Strongly bearish
Technical indicators
56%
22%
22%
My opinion
Bearish under 1,810.32 USD
My targets
1,791.38 USD (-0.27%)
1,768.89 USD (-1.52%)
My analysis
The bearish trend is currently very strong for GOLD - USD. As long as the price remains below the resistance at 1,810.32 USD, you could try to take advantage of the bearish rally. The first bearish objective is located at 1,791.38 USD. The bearish momentum would be revived by a break in this support. Sellers would then use the next support located at 1,768.89 USD as an objective. Crossing it would then enable sellers to target 1,753.57 USD. Be careful, given the powerful bearish rally underway, excesses could lead to a short-term rebound. 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 are neural in the very short term but do not change the general bearish opinion of this analysis.
Force
0
10
5

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 lud1. Take part yourself by sharing additional analysis on another time unit:
15 min. Daily Weekly

Additional analysis

Quotes

The GOLD - USD rating is 1,796.25 USD. The price registered a decrease of -0.06% on the session and was traded between 1,795.06 USD and 1,799.47 USD over the period. The price is currently at +0.07% from its lowest and -0.18% from its highest.

1,795.06
1,799.47
1,796.25

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.

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 results:

Central Records

Near a new HIGH record (1st january)

Type : Bullish

Timeframe : Weekly


Near a new HIGH record (1 month)

Type : Bullish

Timeframe : Weekly



Technical


Technical analysis of this 1H chart of GOLD - USD indicates that the overall trend is strongly bearish. 92.86% of the signals given by moving averages are bearish. This strongly bearish trend is supported by the strong bearish signals given by short-term moving averages. The Central Indicators scanner does not detect any result on moving averages that would impact this trend.

On the 18 technical indicators analysed, 10 are bullish, 4 are neutral and 4 are bearish. Central Indicators, the scanner specialised in technical indicators, has identified this signal:

Central Indicators

Pivot points : price is under support 1

Type : Neutral

Timeframe : Weekly



The analysis of the price chart with Central Patterns scanners does not return any result.

The Central Candlesticks scanner currently notes the presence of this pattern in Japanese candlesticks that could mark the end of the short-term trend currently underway:

Central Candlesticks

Doji

Type : Neutral

Timeframe : 1 hour




ProTrendLines
S3
S2
S1
R1
R2
R3
Price


S3S2S1PriceR1R2R3
ProTrendLines 1,753.57 1,768.89 1,791.38 1,796.25 1,810.32 1,829.54 1,844.24
Change (%) -2.38% -1.52% -0.27% - +0.78% +1.85% +2.67%
Change -42.68 -27.36 -4.87 - +14.07 +33.29 +47.99
Level Minor Intermediate Intermediate - Minor Major Major



Attention could also be paid to pivot points to set price objectives:

Daily
Pivot points S3 S2 S1 PP R1 R2 R3
Standard1,755.101,773.461,785.371,803.731,815.641,834.001,845.91
Camarilla1,788.971,791.741,794.521,797.291,800.071,802.841,805.61
Woodie1,751.891,771.851,782.161,802.121,812.431,832.391,842.70
Fibonacci1,773.461,785.021,792.161,803.731,815.291,822.431,834.00


Weekly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard1,768.941,787.361,811.131,829.551,853.321,871.741,895.51
Camarilla1,823.301,827.171,831.031,834.901,838.771,842.641,846.50
Woodie1,771.621,788.701,813.811,830.891,856.001,873.081,898.19
Fibonacci1,787.361,803.481,813.431,829.551,845.671,855.621,871.74


Monthly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard1,700.811,726.901,778.201,804.291,855.591,881.681,932.98
Camarilla1,808.211,815.301,822.401,829.491,836.581,843.681,850.77
Woodie1,713.411,733.201,790.801,810.591,868.191,887.981,945.58
Fibonacci1,726.901,756.471,774.731,804.291,833.861,852.121,881.68

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): 33.84
MACD (12,26,9): -4.6500
Directional Movement: -14.68
AROON (14): 71.43
DEMA (21): 1,793.27
Parabolic SAR (0,02-0,02-0,2): 1,793.22
Elder Ray (13): -1.76
Super Trend (3,10): 1,805.58
Zig ZAG (10): 1,797.15
VORTEX (21): 0.8300
Stochastique (14,3,5): 72.74
TEMA (21): 1,795.43
Williams %R (14): -33.29
Chande Momentum Oscillator (20): 3.71
Repulse (5,40,3): -0.0900
ROCnROLL: 2
TRIX (15,9): -0.0500
Courbe Coppock: 0.06
MA7: 1,826.16
MA20: 1,817.89
MA50: 1,802.77
MA100: 1,795.99
MAexp7: 1,797.54
MAexp20: 1,800.37
MAexp50: 1,811.52
MAexp100: 1,821.01
Price / MA7: -1.64%
Price / MA20: -1.19%
Price / MA50: -0.36%
Price / MA100: +0.01%
Price / MAexp7: -0.07%
Price / MAexp20: -0.23%
Price / MAexp50: -0.85%
Price / MAexp100: -1.36%

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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