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 - 15 min. - Technical analysis published on 09/28/2022 (GMT)

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  • Timeframe : 15 min.
  • - Analysis generated on
  • Status : TARGET REACHED

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Summary of the analysis

Trends
Short term: Strongly bullish
Underlying: Bullish
Technical indicators
94%
0%
6%
My opinion
Bullish above 1,632.72 USD
My targets
1,638.67 USD (+0.14%)
1,648.44 USD (+0.74%)
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 1,632.72 USD, a purchase could be considered. The first bullish objective is located at 1,638.67 USD. The bullish momentum would be boosted by a break in this resistance. Buyers would then use the next resistance located at 1,648.44 USD as an objective. Crossing it would then enable buyers to target 1,654.39 USD. In the event of a return below 1,632.72 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, technical indicators confirm the bullish opinion of this analysis. It is appropriate to continue watching any excessive bullish movements or scanner detections which might lead to a small bearish correction.
Force
0
10
7.7

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 volga04. Take part yourself by sharing additional analysis on another time unit:
1H Daily Weekly

Additional analysis

Quotes

GOLD - USD rating 1,636.35 USD. The price has increased by +0.46% since the last closing with the lowest point at 1,614.85 USD and the highest point at 1,638.30 USD. The deviation from the price is +1.33% for the low point and -0.12% for the high point.

1,614.85
1,638.30
1,636.35

A bullish opening was detected by the Central Gaps scanner. Buyers are trying to impose a bullish momentum in the very short term.

Central Gaps

Bullish opening

Type : Bullish

Timeframe : Openning



So that you have an overall view of the price change, here is a table showing the variations over several periods:
The study of the highest / lowest by the Central Records scanner shows the following results:

Central Records

New LOW record (1 year)

Type : Bearish

Timeframe : Weekly


New LOW record (1st january)

Type : Bearish

Timeframe : Weekly


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 bullish. The signals returned by the moving averages are 78.57% bullish. This bullish trend is reinforced by the strong signals currently being given by short-term moving averages. The Central Indicators market scanner is currently detecting several bullish signals that could impact this trend:

Central Indicators

Moving Average bullish crossovers : MA20 & MA50

Type : Bullish

Timeframe : 15 minutes


Moving Average bullish crossovers : AMA20 & AMA50

Type : Bullish

Timeframe : 15 minutes



The probability of a further increase is high given the direction of the technical indicators.
But beware of excesses. The Central Indicators scanner currently detects this:

Central Indicators

RSI indicator is overbought : over 70

Type : Neutral

Timeframe : 15 minutes


CCI indicator is overbought : over 100

Type : Neutral

Timeframe : 15 minutes


Previous candle closed over Bollinger bands

Type : Neutral

Timeframe : 15 minutes


Williams %R indicator is overbought : over -20

Type : Neutral

Timeframe : 15 minutes

The Central Indicators scanner found no further results concerning independent technical indicators.

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

Central Candlesticks, the scanner specialised in Japanese candlesticks, detects a bullish signal that could support the hypothesis of a small rebound in the very short term:

Central Candlesticks

Three white soldiers

Type : Bullish

Timeframe : 15 minutes




ProTrendLines
S3
S2
S1
R1
R2
R3
Price


S3S2S1PriceR1R2R3
ProTrendLines 1,551.27 1,621.16 1,626.85 1,636.35 1,642.48 1,659.87 1,679.60
Change (%) -5.20% -0.93% -0.58% - +0.37% +1.44% +2.64%
Change -85.08 -15.19 -9.50 - +6.13 +23.52 +43.25
Level Minor Intermediate Minor - Minor 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
Standard1,607.231,617.001,622.951,632.721,638.671,648.441,654.39
Camarilla1,624.591,626.031,627.471,628.911,630.351,631.791,633.23
Woodie1,605.331,616.051,621.051,631.771,636.771,647.491,652.49
Fibonacci1,617.001,623.001,626.711,632.721,638.721,642.431,648.44


Weekly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard1,578.091,608.951,626.391,657.251,674.691,705.551,722.99
Camarilla1,630.561,634.991,639.411,643.841,648.271,652.701,657.12
Woodie1,571.391,605.601,619.691,653.901,667.991,702.201,716.29
Fibonacci1,608.951,627.401,638.801,657.251,675.701,687.101,705.55


Monthly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard1,571.781,638.791,673.901,740.911,776.021,843.031,878.14
Camarilla1,680.921,690.281,699.641,709.001,718.361,727.721,737.08
Woodie1,555.821,630.821,657.941,732.941,760.061,835.061,862.18
Fibonacci1,638.791,677.801,701.901,740.911,779.921,804.021,843.03

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): 71.01
MACD (12,26,9): 2.5700
Directional Movement: 23.39
AROON (14): 71.43
DEMA (21): 1,629.11
Parabolic SAR (0,02-0,02-0,2): 1,620.91
Elder Ray (13): 8.67
Super Trend (3,10): 1,624.25
Zig ZAG (10): 1,637.73
VORTEX (21): 1.2400
Stochastique (14,3,5): 90.32
TEMA (21): 1,632.27
Williams %R (14): -0.95
Chande Momentum Oscillator (20): 19.55
Repulse (5,40,3): 0.6200
ROCnROLL: 1
TRIX (15,9): 0.0100
Courbe Coppock: 1.34
MA7: 1,648.91
MA20: 1,682.58
MA50: 1,726.93
MA100: 1,768.50
MAexp7: 1,630.70
MAexp20: 1,626.51
MAexp50: 1,625.66
MAexp100: 1,627.49
Price / MA7: -0.76%
Price / MA20: -2.75%
Price / MA50: -5.25%
Price / MA100: -7.47%
Price / MAexp7: +0.35%
Price / MAexp20: +0.60%
Price / MAexp50: +0.66%
Price / MAexp100: +0.54%

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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