GOLD - USD
GOLD - USD
- USD (-)
- Real time data - Gold & Silver Spot
Open: -
Change: -
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Low: -
High: -
High / Low range: -
Type: Commodities
Ticker: XAUUSD
ISIN:

GOLD - USD - 15 min. - Technical analysis published on 06/07/2023 (GMT)

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I am pleased to note that the threshold for invalidation has been maintained for 20 Candlesticks.
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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: 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

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This analysis was given by Anasabbas1991. Take part yourself by sharing additional analysis on another time unit:
1H Daily Weekly

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.

Central Gaps

Bearish opening

Type : Bearish

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 an element:

Central Records

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:

Central Indicators

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:

Central Indicators

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


S3S2S1PriceR1R2R3
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
Standard1,944.461,949.441,956.441,961.421,968.421,973.401,980.40
Camarilla1,960.161,961.251,962.351,963.451,964.551,965.651,966.75
Woodie1,945.481,949.951,957.461,961.931,969.441,973.911,981.42
Fibonacci1,949.441,954.011,956.841,961.421,965.991,968.821,973.40


Weekly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard1,874.261,903.181,925.641,954.561,977.022,005.942,028.40
Camarilla1,933.971,938.681,943.391,948.101,952.811,957.521,962.23
Woodie1,871.031,901.571,922.411,952.951,973.792,004.332,025.17
Fibonacci1,903.181,922.811,934.931,954.561,974.191,986.312,005.94


Monthly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard1,739.551,835.831,901.101,997.382,062.652,158.932,224.20
Camarilla1,921.951,936.761,951.571,966.381,981.191,996.002,010.81
Woodie1,724.061,828.081,885.611,989.632,047.162,151.182,208.71
Fibonacci1,835.831,897.541,935.671,997.382,059.092,097.222,158.93

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

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

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