GOLD - USD

- USD (-)

- Real time data - Gold & Silver Spot

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Type:	Commodities
Ticker:	XAUUSD
ISIN:

GOLD - USD - 15 min. - Technical analysis published on 04/19/2024 (GMT)

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Timeframe : 15 min.
- Analysis generated on
Status : INVALID

Summary of the analysis

Trends

Short term: Strongly bearish

Underlying: Bearish

Technical indicators

11%

67%

22%

My opinion

Bearish under 2,378.94 USD

My targets

2,365.00 USD (-0.49%)

2,350.14 USD (-1.11%)

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 2,378.94 USD. The sellers' bearish objective is set at 2,365.00 USD. A bearish break of this support would revive the bearish momentum. The sellers could then target the support located at 2,350.14 USD. In case of crossing, the next objective would be the support located at 2,336.20 USD.

Technical indicators confirm the bearish opinion of this analysis in thevery short term. However, be careful of excessive bearish movements. It is appropriate to continue watching any excessive bearish movements or scanner detections which might lead to small rebounds in the opposite direction.

Force

5.4

Comment on the analysis

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:

Additional analysis

Quotes

GOLD - USD rating 2,376.62 USD. The price is lower by -0.14% since the last closing and was between 2,372.85 USD and 2,417.91 USD. This implies that the price is at +0.16% from its lowest and at -1.71% from its highest.

2,372.85

2,417.91

2,376.62

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

Bullish opening

Type : Bullish

Timeframe : Openning

A study of price movements over other periods shows the following variations:

The Central Records scanner for higher/lower results shows the following items:

Near a new HIGH record (5 years)

Type : Bullish

Timeframe : Weekly

Near a new HIGH record (1 year)

Type : Bullish

Timeframe : Weekly

Near a new HIGH record (1st january)

Type : Bullish

Timeframe : Weekly

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 market scanner currently does not detect any result that concerns moving averages.

Technical indicators are bearish. There is still some doubt about the decline in the price.
But beware of excesses. The Central Indicators scanner currently detects this:

CCI indicator is oversold : under -100

Type : Neutral

Timeframe : 15 minutes

Other results related to technical indicators were also found by the Central Indicators scanner:

Price is back over the pivot point

Type : Bullish

Timeframe : Weekly

Price is back under the pivot point

Type : Bearish

Timeframe : 15 minutes

Central Patterns, the scanner specializing in chart patterns, did not identify any signals.

The Central Candlesticks scanner, specialised in Japanese candlesticks, did not identify any signals.

ProTrendLines

Price

	S3	S2	S1	Price	R1	R2
ProTrendLines	2,338.35	2,354.74	2,372.85	2,376.62	2,392.65	2,431.55
Change (%)	-1.61%	-0.92%	-0.16%	-	+0.67%	+2.31%
Change	-38.27	-21.88	-3.77	-	+16.03	+54.93
Level	Minor	Intermediate	Minor	-	Intermediate	Minor

Attention could also be paid to pivot points to set price objectives:

Daily

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	2,336.20	2,350.14	2,365.00	2,378.94	2,393.80	2,407.74	2,422.60
Camarilla	2,371.95	2,374.59	2,377.23	2,379.87	2,382.51	2,385.15	2,387.79
Woodie	2,336.67	2,350.37	2,365.47	2,379.17	2,394.27	2,407.97	2,423.07
Fibonacci	2,350.14	2,361.14	2,367.94	2,378.94	2,389.94	2,396.74	2,407.74

Weekly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	2,159.08	2,231.02	2,287.67	2,359.61	2,416.26	2,488.20	2,544.85
Camarilla	2,308.96	2,320.75	2,332.53	2,344.32	2,356.11	2,367.90	2,379.68
Woodie	2,151.44	2,227.20	2,280.03	2,355.79	2,408.62	2,484.38	2,537.21
Fibonacci	2,231.02	2,280.14	2,310.49	2,359.61	2,408.73	2,439.08	2,488.20

Monthly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	1,905.68	1,972.37	2,103.03	2,169.72	2,300.38	2,367.07	2,497.73
Camarilla	2,179.41	2,197.50	2,215.59	2,233.68	2,251.77	2,269.86	2,287.95
Woodie	1,937.66	1,988.36	2,135.01	2,185.71	2,332.36	2,383.06	2,529.71
Fibonacci	1,972.37	2,047.76	2,094.34	2,169.72	2,245.11	2,291.69	2,367.07

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):	41.84
MACD (12,26,9):	-1.6300
Directional Movement:	-14.14
AROON (14):	-100.00
DEMA (21):	2,381.07
Parabolic SAR (0,02-0,02-0,2):	2,383.18
Elder Ray (13):	-3.88
Super Trend (3,10):	2,390.94
Zig ZAG (10):	2,378.43
VORTEX (21):	0.9400
Stochastique (14,3,5):	22.80
TEMA (21):	2,379.76
Williams %R (14):	-73.11
Chande Momentum Oscillator (20):	-5.92
Repulse (5,40,3):	-0.2400
ROCnROLL:	2
TRIX (15,9):	-0.0100
Courbe Coppock:	0.44

MA7:	2,372.56
MA20:	2,301.03
MA50:	2,173.75
MA100:	2,104.38
MAexp7:	2,378.32
MAexp20:	2,383.29
MAexp50:	2,384.54
MAexp100:	2,383.73
Price / MA7:	+0.17%
Price / MA20:	+3.29%
Price / MA50:	+9.33%
Price / MA100:	+12.94%
Price / MAexp7:	-0.07%
Price / MAexp20:	-0.28%
Price / MAexp50:	-0.33%
Price / MAexp100:	-0.30%

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.

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