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: Strongly bullish
Technical indicators
78%
0%
22%
My opinion
Bullish above 1,648.44 USD
My targets
1,659.87 USD (+0.21%)
1,679.60 USD (+1.40%)
My analysis
All elements being clearly bullish, it would be possible for traders to trade only long positions (at the time of purchase) on GOLD - USD as long as the price remains well above 1,648.44 USD. The buyers' bullish objective is set at 1,659.87 USD. A bullish break in this resistance would boost the bullish momentum. The buyers could then target the resistance located at 1,679.60 USD. If there is any crossing, the next objective would be the resistance located at 1,684.74 USD. However, beware of bullish excesses that could lead to a possible short-term correction; but this possible correction would not be tradeable.

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
8.6

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

The GOLD - USD rating is 1,656.35 USD. The price registered an increase of +1.69% on the session and was between 1,614.85 USD and 1,660.91 USD. This implies that the price is at +2.57% from its lowest and at -0.27% from its highest.

1,614.85
1,660.91
1,656.35

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 Central Records scanner, which identifies the highest / lowest, has detected several elements:

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 GOLD - USD in 15 min. shows a strongly overall bullish trend. 92.86% of the signals given by moving averages are bullish. This strongly bullish trend is supported by the strong bullish signals given by short-term moving averages. The Central Indicators scanner does not detect any result on moving averages that would impact this trend.

Technical indicators are strongly bullish, suggesting that the price increase should continue.
But beware of excesses. The Central Indicators scanner currently detects this:

Central Indicators

RSI indicator is overbought : over 80

Type : Neutral

Timeframe : 15 minutes


Williams %R indicator is overbought : over -20

Type : Neutral

Timeframe : 15 minutes

Other results related to technical indicators were also found by the Central Indicators scanner:

Central Indicators

Pivot points : price is over resistance 3

Type : Neutral

Timeframe : 15 minutes


Price is back over the pivot point

Type : Bullish

Timeframe : Weekly



Central Patterns, the scanner specializing in chart patterns, did not identify any signals.

Central Candlesticks, the scanner specialised in Japanese candlesticks, detects this inversion signal that could impact the current short-term trend:

Central Candlesticks

White gravestone / inverted hammer

Type : Neutral

Timeframe : 15 minutes




ProTrendLines
S3
S2
S1
R1
R2
R3
Price


S3S2S1PriceR1R2R3
ProTrendLines 1,621.16 1,626.85 1,642.48 1,656.35 1,659.87 1,679.60 1,684.74
Change (%) -2.12% -1.78% -0.84% - +0.21% +1.40% +1.71%
Change -35.19 -29.50 -13.87 - +3.52 +23.25 +28.39
Level Intermediate Minor Minor - Intermediate Intermediate Major



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

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 the technical indicators and moving averages at the time of publication of this technical analysis:

Technical indicators
Moving averages

RSI (14): 83.75
MACD (12,26,9): 8.2200
Directional Movement: 31.82
AROON (14): 85.71
DEMA (21): 1,655.87
Parabolic SAR (0,02-0,02-0,2): 1,651.78
Elder Ray (13): 9.59
Super Trend (3,10): 1,646.81
Zig ZAG (10): 1,659.30
VORTEX (21): 1.3100
Stochastique (14,3,5): 94.54
TEMA (21): 1,660.22
Williams %R (14): -8.27
Chande Momentum Oscillator (20): 22.89
Repulse (5,40,3): 0.2600
ROCnROLL: 1
TRIX (15,9): 0.0600
Courbe Coppock: 2.72
MA7: 1,652.00
MA20: 1,683.78
MA50: 1,727.40
MA100: 1,768.73
MAexp7: 1,656.06
MAexp20: 1,645.81
MAexp50: 1,636.40
MAexp100: 1,633.06
Price / MA7: +0.26%
Price / MA20: -1.63%
Price / MA50: -4.11%
Price / MA100: -6.35%
Price / MAexp7: +0.01%
Price / MAexp20: +0.64%
Price / MAexp50: +1.22%
Price / MAexp100: +1.42%

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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