GOLD - USD - 15 min. - Technical analysis published on 06/27/2023 (GMT)
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- 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:
Strongly bearish
Underlying:
Bearish
Technical indicators
22%
56%
22%
My opinion
Bearish under 1,930.31 USD
My targets
1,917.89 USD (-0.35%)
1,913.22 USD (-0.60%)
My analysis
All elements being clearly 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 1,930.31 USD. The sellers' bearish objective is set at 1,917.89 USD. A bearish break of this support would revive the bearish momentum. The sellers could then target the support located at 1,913.22 USD. In case of crossing, the next objective would be the support located at 1,905.47 USD.
Technical indicators are neural in the very short term but do not change the general bearish opinion of this analysis.
Force
0
10
4.6
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This analysis was given by Dorontin2002. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
The GOLD - USD rating is 1,924.69 USD. The price registered an increase of +0.11% on the session with the lowest point at 1,921.71 USD and the highest point at 1,930.46 USD. The deviation from the price is +0.16% for the low point and -0.30% for the high point.1,921.71
1,930.46
1,924.69
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.
Bullish opening
Type : Bullish
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
Technical analysis of this 15 min. chart of GOLD - USD indicates that the overall trend is bearish. 67.86% of the signals given by moving averages are bearish. The overall trend is reinforced by the strong bearish signals from short-term moving averages. The Central Indicators scanner detects a bearish signal on moving averages that could impact this trend:
Bearish trend reversal : Moving Average 100
Type : Bearish
Timeframe : 15 minutes
An assessment of technical indicators does not currently provide any relevant information on the direction of future price movements.
But beware of excesses. The Central Indicators scanner currently detects this:
CCI indicator is oversold : under -100
Type : Neutral
Timeframe : 15 minutes
Williams %R indicator is oversold : under -80
Type : Neutral
Timeframe : 15 minutes
Price is back under the pivot point
Type : Bearish
Timeframe : 15 minutes
Momentum indicator is back under 0
Type : Bearish
Timeframe : 15 minutes
Central Patterns, the scanner specializing in chart patterns, did not identify any signals.
For a small setback in the very short term, the Central Candlesticks scanner currently notes the presence of this bearish pattern in Japanese candlesticks:
Bearish engulfing lines
Type : Bearish
Timeframe : 15 minutes
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 1,909.31 | 1,916.14 | 1,921.67 | 1,924.69 | 1,941.54 | 1,958.76 | 1,967.94 |
| Change (%) | -0.80% | -0.44% | -0.16% | - | +0.88% | +1.77% | +2.25% |
| Change | -15.38 | -8.55 | -3.02 | - | +16.85 | +34.07 | +43.25 |
| Level | Major | Minor | Major | - | Major | 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 |
|---|---|---|---|---|---|---|---|
| Standard | 1,905.47 | 1,913.22 | 1,917.89 | 1,925.64 | 1,930.31 | 1,938.06 | 1,942.73 |
| Camarilla | 1,919.16 | 1,920.29 | 1,921.43 | 1,922.57 | 1,923.71 | 1,924.85 | 1,925.99 |
| Woodie | 1,903.94 | 1,912.45 | 1,916.36 | 1,924.87 | 1,928.78 | 1,937.29 | 1,941.20 |
| Fibonacci | 1,913.22 | 1,917.96 | 1,920.89 | 1,925.64 | 1,930.38 | 1,933.31 | 1,938.06 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 1,852.43 | 1,881.31 | 1,901.01 | 1,929.89 | 1,949.59 | 1,978.47 | 1,998.17 |
| Camarilla | 1,907.36 | 1,911.81 | 1,916.27 | 1,920.72 | 1,925.17 | 1,929.63 | 1,934.08 |
| Woodie | 1,847.85 | 1,879.02 | 1,896.43 | 1,927.60 | 1,945.01 | 1,976.18 | 1,993.59 |
| Fibonacci | 1,881.31 | 1,899.86 | 1,911.33 | 1,929.89 | 1,948.44 | 1,959.91 | 1,978.47 |
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 technical indicators and moving averages registered at the time this technical analysis was created:
Technical indicators
Moving averages
| RSI (14): | 43.34 | |
| MACD (12,26,9): | -0.2500 | |
| Directional Movement: | -10.88 | |
| AROON (14): | 28.57 | |
| DEMA (21): | 1,926.51 | |
| Parabolic SAR (0,02-0,02-0,2): | 1,929.56 | |
| Elder Ray (13): | -1.24 | |
| Super Trend (3,10): | 1,929.62 | |
| Zig ZAG (10): | 1,924.94 | |
| VORTEX (21): | 0.8900 | |
| Stochastique (14,3,5): | 17.95 | |
| TEMA (21): | 1,925.83 | |
| Williams %R (14): | -82.23 | |
| Chande Momentum Oscillator (20): | -0.32 | |
| Repulse (5,40,3): | -0.0200 | |
| ROCnROLL: | 2 | |
| TRIX (15,9): | 0.0000 | |
| Courbe Coppock: | 0.17 |
| MA7: | 1,929.55 | |
| MA20: | 1,947.91 | |
| MA50: | 1,975.01 | |
| MA100: | 1,943.75 | |
| MAexp7: | 1,926.01 | |
| MAexp20: | 1,926.70 | |
| MAexp50: | 1,926.49 | |
| MAexp100: | 1,925.86 | |
| Price / MA7: | -0.25% | |
| Price / MA20: | -1.19% | |
| Price / MA50: | -2.55% | |
| Price / MA100: | -0.98% | |
| Price / MAexp7: | -0.07% | |
| Price / MAexp20: | -0.10% | |
| Price / MAexp50: | -0.09% | |
| Price / MAexp100: | -0.06% |
Quotes :
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Real time data
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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:
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Gold Technical Analysis for June 27, 2023 by FXEmpire
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Gold Forecast Video for 26.06.23 by Bruce Powers
This member declared not having a position on this financial instrument or a related financial instrument.
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