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 04/24/2024 (GMT)

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  • Timeframe : 15 min.
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Summary of the analysis

Trends
Short term: Neutral
Underlying: Slightly bearish
Technical indicators
44%
6%
50%
My opinion
Neutral between 2,316.43 USD and 2,341.38 USD
My targets
-
My analysis
The neutral short-term trend shows a weakening of the basic, slightly bearish trend on GOLD - USD. It is difficult to advise a trading direction under these conditions. The first support is located at 2,316.43 USD. The first resistance is located at 2,341.38 USD. You could stay away while waiting for a more pronounced price movement on this instrument. A new analysis could then be produced that would give clearer signals.

In the very short term, technical indicators are bullish and could soon allow change to a bullish sentiment.

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:
1H Daily Weekly

Additional analysis

Quotes

The GOLD - USD rating is 2,318.63 USD. The price registered a decrease of -0.20% on the session with the lowest point at 2,311.81 USD and the highest point at 2,331.33 USD. The deviation from the price is +0.30% for the low point and -0.54% for the high point.

2,311.81
2,331.33
2,318.63

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 several elements:

Central Records

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 GOLD - USD in 15 min. shows an overall slightly bearish trend. 53.57% of the signals given by moving averages are bullish. As the signals currently given by short-term moving averages are rather neutral, the overall trend could quickly return to neutral as well. The Central Indicators market scanner is currently detecting several bearish signals that could impact this trend:

Central Indicators

Bearish price crossover with Moving Average 50

Type : Bearish

Timeframe : 15 minutes


Bearish price crossover with adaptative moving average 20

Type : Bearish

Timeframe : 15 minutes


Bearish price crossover with adaptative moving average 50

Type : Bearish

Timeframe : 15 minutes



An assessment of technical indicators shows a slightly bullish signal.
Central Indicators, the scanner specialised in technical indicators, has identified these signals:

Central Indicators

Pivot points : price is under support 1

Type : Neutral

Timeframe : Weekly


MACD indicator is back under 0

Type : Bearish

Timeframe : 15 minutes


Ichimoku - Bullish crossover : Tenkan & Kijun

Type : Bullish

Timeframe : 15 minutes



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

Central Candlesticks, the scanner specialised in Japanese candlesticks, detects a bullish signal that could support the hypothesis of a small rebound in the very short term:

Central Candlesticks

Bullish engulfing lines

Type : Bullish

Timeframe : 15 minutes




ProTrendLines
S3
S2
S1
R1
R2
R3
Price


S3S2S1PriceR1R2R3
ProTrendLines 2,079.55 2,203.99 2,291.48 2,318.63 2,324.42 2,373.14 2,392.70
Change (%) -10.31% -4.94% -1.17% - +0.25% +2.35% +3.19%
Change -239.08 -114.64 -27.15 - +5.79 +54.51 +74.07
Level Minor Intermediate 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
Standard2,255.362,273.422,298.372,316.432,341.382,359.442,384.39
Camarilla2,311.492,315.442,319.382,323.322,327.262,331.212,335.15
Woodie2,258.812,275.142,301.822,318.152,344.832,361.162,387.84
Fibonacci2,273.422,289.852,300.002,316.432,332.862,343.012,359.44


Weekly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard2,245.342,285.412,337.772,377.842,430.202,470.272,522.63
Camarilla2,364.712,373.192,381.662,390.132,398.602,407.082,415.55
Woodie2,251.492,288.482,343.922,380.912,436.352,473.342,528.78
Fibonacci2,285.412,320.722,342.532,377.842,413.152,434.962,470.27


Monthly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard1,905.681,972.372,103.032,169.722,300.382,367.072,497.73
Camarilla2,179.412,197.502,215.592,233.682,251.772,269.862,287.95
Woodie1,937.661,988.362,135.012,185.712,332.362,383.062,529.71
Fibonacci1,972.372,047.762,094.342,169.722,245.112,291.692,367.07

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): 53.73
MACD (12,26,9): -0.0200
Directional Movement: 0.59
AROON (14): 28.57
DEMA (21): 2,318.77
Parabolic SAR (0,02-0,02-0,2): 2,314.22
Elder Ray (13): 2.64
Super Trend (3,10): 2,311.66
Zig ZAG (10): 2,326.00
VORTEX (21): 1.0400
Stochastique (14,3,5): 69.09
TEMA (21): 2,319.95
Williams %R (14): -22.25
Chande Momentum Oscillator (20): 7.71
Repulse (5,40,3): 0.1100
ROCnROLL: 1
TRIX (15,9): -0.0100
Courbe Coppock: 0.34
MA7: 2,356.73
MA20: 2,324.83
MA50: 2,192.91
MA100: 2,112.74
MAexp7: 2,320.63
MAexp20: 2,318.92
MAexp50: 2,319.94
MAexp100: 2,321.39
Price / MA7: -1.62%
Price / MA20: -0.27%
Price / MA50: +5.73%
Price / MA100: +9.75%
Price / MAexp7: -0.09%
Price / MAexp20: -0.01%
Price / MAexp50: -0.06%
Price / MAexp100: -0.12%

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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