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 05/29/2023 (GMT)

  • 116
  • 0
Oops, I was wrong about that analysis. My threshold for invalidation has been broken.
Click here for a new analysis!
  • Timeframe : 15 min.
  • - Analysis generated on
  • Status : INVALID

Analysis too old. There are no more charts available.

Summary of the analysis

Trends
Short term: Bearish
Underlying: Bearish
Technical indicators
56%
11%
33%
My opinion
Bearish under 1,946.15 USD
My targets
1,941.50 USD (-0.15%)
1,939.29 USD (-0.26%)
My analysis
There is a bearish trend on GOLD - USD both at the basic level and in the short term. A sale could be considered, so long as the price remains below 1,946.15 USD. Each support break is a strong signal that the current trend will continue. The first bearish objective would be 1,941.50 USD. Then the price could move towards 1,939.29 USD. Then 1,936.85 USD by extension. Be careful, a return to above the resistance 1,946.15 USD would be a sign of a weakening of the trend and a possible rebound phase could then occur. In this case, you could keep away while waiting for a signal that the basic trend will resume. Trading against the trend is perhaps more risky.

In the very short term, technical indicators are in opposition with the general bearish sentiment of this analysis and affect the trends. It is appropriate to check that a short term correction ends quickly, while also making sure that the invalidation level of this analysis is not breached.
Force
0
10
2.1

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 1,944.33 USD. On the day, this instrument gained +0.03% with the lowest point at 1,940.25 USD and the highest point at 1,946.26 USD. The deviation from the price is +0.21% for the low point and -0.10% for the high point.

1,940.25
1,946.26
1,944.33

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



So that you have an overall view of the price change, here is a table showing the variations over several periods:
The Central Records scanner for higher/lower results shows an item:

Central Records

Near a new LOW record (1 month)

Type : Bearish

Timeframe : Weekly



Technical


A technical analysis in 15 min. of this GOLD - USD chart shows a bearish trend. The signals given by moving averages are at 71.43% bearish. This bearish trend shows slight signs of slowing down given the slightly bearish signals of short-term moving averages. The Central Indicators scanner detects a bullish signal on moving averages that could impact this trend:

Central Indicators

Bullish trend reversal : adaptative moving average 50

Type : Bullish

Timeframe : 15 minutes



In fact, 10 technical indicators on 18 studied are currently bullish. Caution: the Central Indicators scanner currently detects an excess:

Central Indicators

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

RSI indicator is back over 50

Type : Bullish

Timeframe : 15 minutes


Ichimoku : price is under the cloud

Type : Bearish

Timeframe : 15 minutes



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

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

Central Candlesticks

Doji

Type : Neutral

Timeframe : 15 minutes




ProTrendLines
S3
S2
S1
R1
R2
R3
Price


S3S2S1PriceR1R2R3
ProTrendLines 1,811.49 1,909.31 1,936.80 1,944.33 1,954.55 1,968.90 1,977.67
Change (%) -6.83% -1.80% -0.39% - +0.53% +1.26% +1.71%
Change -132.84 -35.02 -7.53 - +10.22 +24.57 +33.34
Level Intermediate Major Intermediate - Major Minor Minor



To determine price objectives, it is also possible to use the pivot points. Here is the price position in relation to pivot points:

Daily
Pivot points S3 S2 S1 PP R1 R2 R3
Standard1,936.851,939.291,941.501,943.941,946.151,948.591,950.80
Camarilla1,942.431,942.861,943.281,943.711,944.141,944.561,944.99
Woodie1,936.741,939.231,941.391,943.881,946.041,948.531,950.69
Fibonacci1,939.291,941.071,942.161,943.941,945.721,946.811,948.59


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): 54.35
MACD (12,26,9): -0.4800
Directional Movement: -1.18
AROON (14): -85.71
DEMA (21): 1,943.61
Parabolic SAR (0,02-0,02-0,2): 1,940.25
Elder Ray (13): 1.67
Super Trend (3,10): 1,946.27
Zig ZAG (10): 1,945.59
VORTEX (21): 1.0100
Stochastique (14,3,5): 79.29
TEMA (21): 1,943.82
Williams %R (14): -7.82
Chande Momentum Oscillator (20): 0.74
Repulse (5,40,3): 0.1000
ROCnROLL: -1
TRIX (15,9): 0.0000
Courbe Coppock: 0.21
MA7: 1,954.36
MA20: 1,991.95
MA50: 1,991.97
MA100: 1,936.97
MAexp7: 1,944.19
MAexp20: 1,944.35
MAexp50: 1,945.50
MAexp100: 1,947.16
Price / MA7: -0.51%
Price / MA20: -2.39%
Price / MA50: -2.39%
Price / MA100: +0.38%
Price / MAexp7: +0.01%
Price / MAexp20: +0.00%
Price / MAexp50: -0.06%
Price / MAexp100: -0.15%

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.