GOLD - USD - 15 min. - Technical analysis published on 03/20/2023 (GMT)
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- Timeframe : 15 min.
- - Analysis generated on
- Status : LEVEL MAINTAINED
Analysis too old. There are no more charts available.
Summary of the analysis
Trends
Short term:
Strongly bearish
Underlying:
Bearish
Technical indicators
22%
56%
22%
My opinion
Bearish under 2,012.26 USD
My targets
1,965.26 USD (-0.34%)
1,941.18 USD (-1.56%)
My analysis
All elements being clearly bearish, it would be possible for traders to trade only short positions (for sale) on GOLD - USD as long as the price remains well below 2,012.26 USD. The sellers' bearish objective is set at 1,965.26 USD. A bearish break of this support would revive the bearish momentum. The sellers could then target the support located at 1,941.18 USD. In case of crossing, the next objective would be the support located at 1,894.18 USD.
Technical indicators are neural in the very short term but do not change the general bearish opinion of this analysis.
Force
0
10
4.6
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Additional analysis
Quotes
The GOLD - USD rating is 1,971.91 USD. On the day, this instrument lost -0.82% and was between 1,965.92 USD and 2,009.84 USD. This implies that the price is at +0.30% from its lowest and at -1.89% from its highest.1,965.92
2,009.84
1,971.91
The Central Gaps scanner detects a bearish opening. A small advantage for sellers in the very short term.
Bearish opening
Type : Bearish
Timeframe : Openning
A study of price movements over other periods shows the following variations:
Near a new HIGH record (5 years)
Type : Bullish
Timeframe : Weekly
New HIGH record (1 year)
Type : Bullish
Timeframe : Weekly
New HIGH record (1st january)
Type : Bullish
Timeframe : Weekly
New HIGH record (1 month)
Type : Bullish
Timeframe : Weekly
Technical
Technical analysis of this 15 min. chart of GOLD - USD indicates that the overall trend is bearish. The signals given by moving averages are 67.86% bearish. This bearish trend is reinforced by the strong signals currently being given by short-term moving averages. The Central Indicators market scanner currently does not detect any result that concerns moving averages.
The technical indicators are generally neutral. They do not provide relevant information on the direction of future price movements.
Caution: the Central Indicators scanner currently detects an excess:
CCI indicator is oversold : under -100
Type : Neutral
Timeframe : 15 minutes
Williams %R indicator is oversold : under -80
Type : Neutral
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:
Bearish engulfing lines
Type : Bearish
Timeframe : 15 minutes
ProTrendLines
S3
S2
S1
R1
Price
| S3 | S2 | S1 | Price | R1 | |
|---|---|---|---|---|---|
| ProTrendLines | 1,885.74 | 1,909.31 | 1,953.13 | 1,971.91 | 2,069.41 |
| Change (%) | -4.37% | -3.17% | -0.95% | - | +4.94% |
| Change | -86.17 | -62.60 | -18.78 | - | +97.50 |
| Level | Minor | Major | Minor | - | 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 |
|---|---|---|---|---|---|---|---|
| Standard | 1,870.10 | 1,894.18 | 1,941.18 | 1,965.26 | 2,012.26 | 2,036.34 | 2,083.34 |
| Camarilla | 1,968.63 | 1,975.15 | 1,981.66 | 1,988.18 | 1,994.70 | 2,001.21 | 2,007.73 |
| Woodie | 1,881.56 | 1,899.91 | 1,952.64 | 1,970.99 | 2,023.72 | 2,042.07 | 2,094.80 |
| Fibonacci | 1,894.18 | 1,921.33 | 1,938.11 | 1,965.26 | 1,992.41 | 2,009.19 | 2,036.34 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 1,792.22 | 1,831.87 | 1,910.03 | 1,949.68 | 2,027.84 | 2,067.49 | 2,145.65 |
| Camarilla | 1,955.78 | 1,966.58 | 1,977.38 | 1,988.18 | 1,998.98 | 2,009.78 | 2,020.58 |
| Woodie | 1,811.47 | 1,841.50 | 1,929.28 | 1,959.31 | 2,047.09 | 2,077.12 | 2,164.90 |
| Fibonacci | 1,831.87 | 1,876.88 | 1,904.68 | 1,949.68 | 1,994.69 | 2,022.49 | 2,067.49 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 1,612.22 | 1,708.55 | 1,767.09 | 1,863.42 | 1,921.96 | 2,018.29 | 2,076.83 |
| Camarilla | 1,783.05 | 1,797.25 | 1,811.44 | 1,825.64 | 1,839.84 | 1,854.03 | 1,868.23 |
| Woodie | 1,593.34 | 1,699.10 | 1,748.21 | 1,853.97 | 1,903.08 | 2,008.84 | 2,057.95 |
| Fibonacci | 1,708.55 | 1,767.71 | 1,804.26 | 1,863.42 | 1,922.58 | 1,959.13 | 2,018.29 |
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): | 40.01 | |
| MACD (12,26,9): | -4.1700 | |
| Directional Movement: | -14.06 | |
| AROON (14): | -50.00 | |
| DEMA (21): | 1,971.20 | |
| Parabolic SAR (0,02-0,02-0,2): | 1,981.13 | |
| Elder Ray (13): | -3.23 | |
| Super Trend (3,10): | 1,986.75 | |
| Zig ZAG (10): | 1,970.21 | |
| VORTEX (21): | 0.8900 | |
| Stochastique (14,3,5): | 23.61 | |
| TEMA (21): | 1,967.79 | |
| Williams %R (14): | -78.39 | |
| Chande Momentum Oscillator (20): | -6.61 | |
| Repulse (5,40,3): | -0.0400 | |
| ROCnROLL: | 2 | |
| TRIX (15,9): | -0.0300 | |
| Courbe Coppock: | 1.04 |
| MA7: | 1,926.51 | |
| MA20: | 1,863.07 | |
| MA50: | 1,881.86 | |
| MA100: | 1,827.86 | |
| MAexp7: | 1,971.49 | |
| MAexp20: | 1,976.34 | |
| MAexp50: | 1,978.83 | |
| MAexp100: | 1,972.18 | |
| Price / MA7: | +2.36% | |
| Price / MA20: | +5.84% | |
| Price / MA50: | +4.79% | |
| Price / MA100: | +7.88% | |
| Price / MAexp7: | +0.02% | |
| Price / MAexp20: | -0.22% | |
| Price / MAexp50: | -0.35% | |
| Price / MAexp100: | -0.01% |
Quotes :
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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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This member declared not having a position on this financial instrument or a related financial instrument.
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