GOLD - USD - 15 min. - Technical analysis published on 06/07/2023 (GMT)
- Who voted?
- 121
- 0
I am pleased to note that the threshold for invalidation has been maintained for 20 Candlesticks.
Click here for a new analysis!
Click here for a new analysis!
- 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:
Neutral
Underlying:
Bearish
Technical indicators
56%
11%
33%
My opinion
Bearish under 1,949.44 USD
My targets
1,938.42 USD (-0.27%)
1,932.10 USD (-0.59%)
My analysis
Has the basic bearish trend slowed or is it lacking in power? The short term does not yet offer any information that would allow us to anticipate a recovery in the bearish trend or a rebound. Sellers' generally have the upper hand, even if a small correction (not tradeable) on the resistance located at 1,949.44 USD remains possible. It is advisable to trade GOLD - USD with the greatest caution, while favouring short positions (for sale) as long as the price remains well below 1,949.44 USD. The next bearish objective for sellers is set at 1,938.42 USD. A bearish break of this support would revive the bearish momentum. The sellers could then target the support located at 1,932.10 USD. In case of crossing, the next objective would be the support located at 1,909.31 USD. PS: if there is a bullish break in the resistance located at 1,949.44 USD we suggest that you produce a new automated technical analysis. In fact, conditions should have changed. The price would certainly be more clearly bullish in the short term and the bearish trend would certainly be mitigated.
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
2.5
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 Anasabbas1991. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
The GOLD - USD rating is 1,943.60 USD. On the day, this instrument lost -1.01% and was between 1,939.67 USD and 1,970.23 USD. This implies that the price is at +0.20% from its lowest and at -1.35% from its highest.1,939.67
1,970.23
1,943.60
The Central Gaps scanner detects a bearish opening. A small advantage for sellers in the very short term.
Bearish opening
Type : Bearish
Timeframe : Openning
Here is a more detailed summary of the historical variations registered by GOLD - USD:
Near a new HIGH record (1 month)
Type : Bullish
Timeframe : Weekly
Technical
A technical analysis in 15 min. of this GOLD - USD chart shows a bearish trend. 78.57% of the signals given by moving averages are bearish. Caution: the neutral signals currently given by short-term moving averages show us that the global trend is losing momentum. The Central Indicators scanner detects a bullish signal on moving averages that could impact this trend:
Bullish price crossover with adaptative moving average 20
Type : Bullish
Timeframe : 15 minutes
The technical indicators are bullish. There is still some doubt about the price increase.
Central Indicators, the detector scanner for these technical indicators recently detected a signal:
Pivot points : price is under support 3
Type : Neutral
Timeframe : 15 minutes
No signals are given by Central Patterns, a market scanner specialised in chart patterns, resistances and supports.
No result was found by the Central Candlesticks scanner on Japanese candlesticks.
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
S3 | S2 | S1 | Price | R1 | R2 | R3 | |
---|---|---|---|---|---|---|---|
ProTrendLines | 1,909.31 | 1,932.10 | 1,938.42 | 1,943.60 | 1,954.16 | 1,962.22 | 1,966.38 |
Change (%) | -1.76% | -0.59% | -0.27% | - | +0.54% | +0.96% | +1.17% |
Change | -34.29 | -11.50 | -5.18 | - | +10.56 | +18.62 | +22.78 |
Level | Major | Minor | Intermediate | - | Intermediate | Minor | Intermediate |
Attention could also be paid to pivot points to set price objectives:
Daily
Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
---|---|---|---|---|---|---|---|
Standard | 1,944.46 | 1,949.44 | 1,956.44 | 1,961.42 | 1,968.42 | 1,973.40 | 1,980.40 |
Camarilla | 1,960.16 | 1,961.25 | 1,962.35 | 1,963.45 | 1,964.55 | 1,965.65 | 1,966.75 |
Woodie | 1,945.48 | 1,949.95 | 1,957.46 | 1,961.93 | 1,969.44 | 1,973.91 | 1,981.42 |
Fibonacci | 1,949.44 | 1,954.01 | 1,956.84 | 1,961.42 | 1,965.99 | 1,968.82 | 1,973.40 |
Weekly
Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
---|---|---|---|---|---|---|---|
Standard | 1,874.26 | 1,903.18 | 1,925.64 | 1,954.56 | 1,977.02 | 2,005.94 | 2,028.40 |
Camarilla | 1,933.97 | 1,938.68 | 1,943.39 | 1,948.10 | 1,952.81 | 1,957.52 | 1,962.23 |
Woodie | 1,871.03 | 1,901.57 | 1,922.41 | 1,952.95 | 1,973.79 | 2,004.33 | 2,025.17 |
Fibonacci | 1,903.18 | 1,922.81 | 1,934.93 | 1,954.56 | 1,974.19 | 1,986.31 | 2,005.94 |
Monthly
Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
---|---|---|---|---|---|---|---|
Standard | 1,739.55 | 1,835.83 | 1,901.10 | 1,997.38 | 2,062.65 | 2,158.93 | 2,224.20 |
Camarilla | 1,921.95 | 1,936.76 | 1,951.57 | 1,966.38 | 1,981.19 | 1,996.00 | 2,010.81 |
Woodie | 1,724.06 | 1,828.08 | 1,885.61 | 1,989.63 | 2,047.16 | 2,151.18 | 2,208.71 |
Fibonacci | 1,835.83 | 1,897.54 | 1,935.67 | 1,997.38 | 2,059.09 | 2,097.22 | 2,158.93 |
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): | 43.29 | |
MACD (12,26,9): | -1.8600 | |
Directional Movement: | -3.28 | |
AROON (14): | 21.43 | |
DEMA (21): | 1,940.05 | |
Parabolic SAR (0,02-0,02-0,2): | 1,940.33 | |
Elder Ray (13): | 0.19 | |
Super Trend (3,10): | 1,944.97 | |
Zig ZAG (10): | 1,942.73 | |
VORTEX (21): | 0.9700 | |
Stochastique (14,3,5): | 65.32 | |
TEMA (21): | 1,941.29 | |
Williams %R (14): | -28.97 | |
Chande Momentum Oscillator (20): | 2.31 | |
Repulse (5,40,3): | 0.0300 | |
ROCnROLL: | -1 | |
TRIX (15,9): | -0.0200 | |
Courbe Coppock: | 0.02 |
MA7: | 1,959.77 | |
MA20: | 1,970.07 | |
MA50: | 1,991.14 | |
MA100: | 1,940.68 | |
MAexp7: | 1,942.37 | |
MAexp20: | 1,943.01 | |
MAexp50: | 1,948.08 | |
MAexp100: | 1,952.79 | |
Price / MA7: | -0.83% | |
Price / MA20: | -1.34% | |
Price / MA50: | -2.39% | |
Price / MA100: | +0.15% | |
Price / MAexp7: | +0.06% | |
Price / MAexp20: | +0.03% | |
Price / MAexp50: | -0.23% | |
Price / MAexp100: | -0.47% |
Quotes :
-
Real time data
-
Gold & Silver Spot
News
The last news published on GOLD - USD at the time of the generation of this analysis was as follows:
- Gold Forecast Video for 08.06.23 by Bruce Powers
- Gold Forecast June 8, 2023
- Gold Technical Analysis for June 08, 2023 by FXEmpire
- Gold Forecast Video for 07.06.23 by Bruce Powers
- Gold Forecast June 7, 2023
This member declared not having a position on this financial instrument or a related financial instrument.
About author
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
Comments
0 comments on the analysis GOLD - USD - 15 min.