Post an Analysis Request an analysis AI Londinia analysis
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 06/08/2023 (GMT)

  • Who voted?
  • 137
  • 0
Londinia
I am pleased to note that the threshold for invalidation has been maintained for 20 Candlesticks.
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
61%
6%
33%
My opinion
Bearish under 1,951.46 USD
My targets
1,932.70 USD (-0.67%)
1,920.90 USD (-1.28%)
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 1,951.46 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 1,951.46 USD. The next bearish objective for sellers is set at 1,932.70 USD. A bearish break of this support would revive the bearish momentum. The sellers could then target the support located at 1,920.90 USD. In case of crossing, the next objective would be the support located at 1,902.14 USD. PS: if there is a bullish break in the resistance located at 1,951.46 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, the general bearish opinion of this analysis is in opposition with technical indicators. As long as the invalidation level of this analysis is not breached, the bearish direction is still favored, however the current short term correction should be carefully watched.
Force
0
10
0.7

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.

Dorontin2002
This analysis was given by Dorontin2002. Take part yourself by sharing additional analysis on another time unit:
1H Daily Weekly

Additional analysis

Quotes

GOLD - USD rating 1,945.75 USD. The price registered an increase of +0.07% on the session and was between 1,944.29 USD and 1,945.92 USD. This implies that the price is at +0.08% from its lowest and at -0.01% from its highest.

1,944.29
1,945.92
1,945.75

A bullish opening was detected by the Central Gaps scanner. Buyers are trying to impose a bullish momentum in the very short term.

Central Gaps

Bullish opening

Type : Bullish

Timeframe : Openning



A study of price movements over other periods shows the following variations:
The Central Records scanner, which identifies the highest / lowest, has detected an element:

Central Records

Near a 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. 71.43% of the signals given by moving averages are bearish. Caution: as the signals currently given by short-term moving averages are rather neutral, the bearish trend could slow down. The Central Indicators scanner detects a bullish signal on moving averages that could impact this trend:

Central Indicators

Bullish trend reversal : Moving Average 20

Type : Bullish

Timeframe : 15 minutes



The technical indicators are bullish. There is still some doubt about the price increase.
Caution: the Central Indicators scanner currently detects an excess:

Central Indicators

CCI indicator is overbought : over 100

Type : Neutral

Timeframe : 15 minutes


Williams %R indicator is overbought : over -20

Type : Neutral

Timeframe : 15 minutes

The Central Indicators scanner specialised in technical indicators, has not detected anything further.

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 1,938.27 1,945.75 1,954.16 1,966.54 1,974.85
Change (%) -1.87% -0.70% -0.38% - +0.43% +1.07% +1.50%
Change -36.44 -13.65 -7.48 - +8.41 +20.79 +29.10
Level Major Minor Intermediate - Intermediate Minor Minor



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
Standard1,902.141,920.901,932.701,951.461,963.261,982.021,993.82
Camarilla1,936.091,938.891,941.691,944.491,947.291,950.091,952.89
Woodie1,898.651,919.161,929.211,949.721,959.771,980.281,990.33
Fibonacci1,920.901,932.581,939.791,951.461,963.141,970.351,982.02


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 are the details of the technical indicators and moving averages that were collected to generate this technical analysis:

Technical indicators
Moving averages

RSI (14): 52.29
MACD (12,26,9): -1.1900
Directional Movement: 8.03
AROON (14): 64.29
DEMA (21): 1,941.17
Parabolic SAR (0,02-0,02-0,2): 1,940.93
Elder Ray (13): 1.75
Super Trend (3,10): 1,940.39
Zig ZAG (10): 1,945.20
VORTEX (21): 1.0200
Stochastique (14,3,5): 92.75
TEMA (21): 1,943.08
Williams %R (14): -3.06
Chande Momentum Oscillator (20): 4.58
Repulse (5,40,3): 0.0900
ROCnROLL: -1
TRIX (15,9): -0.0200
Courbe Coppock: 0.16
MA7: 1,958.03
MA20: 1,966.59
MA50: 1,990.81
MA100: 1,941.08
MAexp7: 1,943.54
MAexp20: 1,943.40
MAexp50: 1,947.86
MAexp100: 1,952.49
Price / MA7: -0.63%
Price / MA20: -1.06%
Price / MA50: -2.26%
Price / MA100: +0.24%
Price / MAexp7: +0.11%
Price / MAexp20: +0.12%
Price / MAexp50: -0.11%
Price / MAexp100: -0.35%

Quotes : - Real time data - Gold & Silver Spot

News


Don't forget to follow the news on GOLD - USD. At the time of publication of this analysis, the latest news was as follows:

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

About author

Londinia
Londinia AI

Online

Overall rating :
15106
Number of analyses :
72425
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.

NEW !