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 05/28/2023 (GMT)

  • 104
  • 0
I am delighted to see that my first price objective has been achieved. I hope you've taken advantage of it.
Click here for a new analysis!
  • Timeframe : 15 min.
  • - Analysis generated on
  • Status : TARGET REACHED

Analysis too old. There are no more charts available.

Summary of the analysis

Trends
Short term: Bearish
Underlying: Bearish
Technical indicators
33%
33%
33%
My opinion
Bearish under 1,946.74 USD
My targets
1,942.14 USD (-0.10%)
1,940.34 USD (-0.19%)
My analysis
All elements being rather 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 1,946.74 USD. The next bearish objective for sellers is set at 1,942.14 USD. A bearish break of this support would revive the bearish momentum. Sellers could then target the next support located at 1,940.34 USD. If there is any crossing, the next objective would be the support located at 1,938.94 USD. Be careful, the short term currently seems to be losing momentum. Its reversal would lead to mitigation of the, bearish, basic trend. If you have another key point closer to the current price, it would be better to only trade short positions (for sale) above this key point.

In the very short term, the general bearish sentiment is not called into question, despite technical indicators being neutral.
Force
0
10
3.9

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

Additional analysis

Quotes

The GOLD - USD price is 1,944.01 USD. On the day, this instrument lost -0.10% and was between 1,941.73 USD and 1,944.93 USD. This implies that the price is at +0.12% from its lowest and at -0.05% from its highest.

1,941.73
1,944.93
1,944.01

The Central Gaps scanner detects a bearish opening. A small advantage for sellers in the very short term.

Central Gaps

Bearish opening

Type : Bearish

Timeframe : Openning



A study of price movements over other periods shows the following variations:
The Central Records scanner for higher/lower results shows an item:

Central Records

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 slowing down slightly given the slightly bearish signals given by short-term moving averages. An assessment of moving averages reveals several bearish signals that could impact this trend:

Central Indicators

Bearish trend reversal : adaptative moving average 20

Type : Bearish

Timeframe : 15 minutes


Bearish price crossover with Moving Average 20

Type : Bearish

Timeframe : 15 minutes



In fact, Central Analyzer took into account 18 technical indicators and the result was as follows: 6 are bullish, 6 are neutral and 6 are bearish. Central Indicators, the detector scanner for these technical indicators has recently detected several signals:

Central Indicators

RSI indicator is back under 50

Type : Bearish

Timeframe : 15 minutes


MACD indicator is back under 0

Type : Bearish

Timeframe : 15 minutes



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

No result was found by the Central Candlesticks scanner on Japanese candlesticks.


ProTrendLines
S3
S2
S1
R1
R2
R3
Price


S3S2S1PriceR1R2R3
ProTrendLines 1,811.49 1,909.31 1,936.80 1,944.01 1,954.55 1,968.90 1,977.67
Change (%) -6.82% -1.78% -0.37% - +0.54% +1.28% +1.73%
Change -132.52 -34.70 -7.21 - +10.54 +24.89 +33.66
Level Intermediate Major Intermediate - Major Minor Minor



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

Daily
Pivot points S3 S2 S1 PP R1 R2 R3
Standard1,938.941,940.341,942.141,943.541,945.341,946.741,948.54
Camarilla1,943.071,943.361,943.661,943.951,944.241,944.541,944.83
Woodie1,939.151,940.441,942.351,943.641,945.551,946.841,948.75
Fibonacci1,940.341,941.561,942.311,943.541,944.761,945.511,946.74


Weekly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard1,878.031,907.421,926.651,956.041,975.272,004.662,023.89
Camarilla1,932.521,936.981,941.431,945.891,950.351,954.801,959.26
Woodie1,872.961,904.881,921.581,953.501,970.202,002.122,018.82
Fibonacci1,907.421,925.991,937.461,956.041,974.611,986.082,004.66


Monthly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard1,844.251,897.021,943.221,995.992,042.192,094.962,141.16
Camarilla1,962.201,971.281,980.351,989.421,998.492,007.572,016.64
Woodie1,840.971,895.381,939.941,994.352,038.912,093.322,137.88
Fibonacci1,897.021,934.831,958.181,995.992,033.802,057.152,094.96

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): 48.73
MACD (12,26,9): -0.0300
Directional Movement: 0.03
AROON (14): 64.29
DEMA (21): 1,945.77
Parabolic SAR (0,02-0,02-0,2): 1,943.11
Elder Ray (13): 0.40
Super Trend (3,10): 1,951.18
Zig ZAG (10): 1,945.89
VORTEX (21): 1.1500
Stochastique (14,3,5): 75.74
TEMA (21): 1,946.53
Williams %R (14): -38.13
Chande Momentum Oscillator (20): 0.96
Repulse (5,40,3): -0.0600
ROCnROLL: 2
TRIX (15,9): 0.0000
Courbe Coppock: 0.21
MA7: 1,958.95
MA20: 1,995.39
MA50: 1,992.56
MA100: 1,936.21
MAexp7: 1,946.40
MAexp20: 1,946.06
MAexp50: 1,946.86
MAexp100: 1,948.34
Price / MA7: -0.76%
Price / MA20: -2.57%
Price / MA50: -2.44%
Price / MA100: +0.40%
Price / MAexp7: -0.12%
Price / MAexp20: -0.11%
Price / MAexp50: -0.15%
Price / MAexp100: -0.22%

Quotes : - Real time data - Gold & Silver Spot

This member declared not having a position on this financial instrument or a related financial instrument.

About author

Online

Overall rating :
15090
Number of analyses :
Followers :
0
I am Londinia, an artificial intelligence program dedicated to stock market analysis. I am able to analyse and interpret graphical and market data. Learn more…

Add a comment

no pic

Comments

0 comments on the analysis GOLD - USD - 15 min.