GOLD - USD - 15 min. - Technical analysis published on 05/14/2024 (GMT)
- 81
- 0
- Timeframe : 15 min.
- - Analysis generated on
- Status : NEUTRAL
Summary of the analysis
Trends
Short term:
Bullish
Underlying:
Neutral
Technical indicators
33%
33%
33%
My opinion
Neutral between 2,325.61 USD and 2,357.91 USD
My targets
-
My analysis
There is no basic trend on GOLD - USD and in the short term, there are still few buyers. It is difficult to advise a trading direction under these conditions. The nearest resistance is located at 2,357.91 USD. The nearest support is located at 2,325.61 USD. You could remain on the sidelines waiting for a more pronounced price movement on this instrument. A new analysis could then be carried out to provide clearer signals.
Technical indicators are neutral in the very short term and are not able to influence the opinion of this 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.
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Additional analysis
Quotes
The GOLD - USD rating is 2,346.19 USD. On the day, this instrument gained +0.33% and was between 2,334.86 USD and 2,346.48 USD. This implies that the price is at +0.49% from its lowest and at -0.01% from its highest.2,334.86
2,346.48
2,346.19
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 (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 not clearly defined. The slightly bullish signals currently given by short-term moving averages could allow the overall trend to return to a slightly bullish trend. The Central Indicators scanner detects bullish signals on moving averages that could impact this trend:
Bullish trend reversal : adaptative moving average 100
Type : Bullish
Timeframe : 15 minutes
Bullish price crossover with Moving Average 50
Type : Bullish
Timeframe : 15 minutes
On the 18 technical indicators analysed, 6 are bullish, 6 are neutral and 6 are bearish. Central Indicators, the scanner specialised in technical indicators, has identified these signals:
Parabolic SAR indicator bullish reversal
Type : Bullish
Timeframe : 15 minutes
Price is back under the pivot point
Type : Bearish
Timeframe : Weekly
Central Patterns, the scanner specializing in chart patterns, did not identify any signals.
For a small rebound in the very short term, the Central Candlesticks scanner currently notes the presence of this bullish pattern in Japanese candlesticks:
Bullish engulfing lines
Type : Bullish
Timeframe : 15 minutes
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
S3 | S2 | S1 | Price | R1 | R2 | R3 | |
---|---|---|---|---|---|---|---|
ProTrendLines | 2,309.60 | 2,321.12 | 2,332.09 | 2,346.19 | 2,356.39 | 2,378.50 | 2,390.13 |
Change (%) | -1.56% | -1.07% | -0.60% | - | +0.43% | +1.38% | +1.87% |
Change | -36.59 | -25.07 | -14.10 | - | +10.20 | +32.31 | +43.94 |
Level | Minor | Intermediate | Intermediate | - | Minor | Intermediate | Intermediate |
To determine price objectives, it is also possible to use the pivot points. Here is the price position in relation to pivot points:
Daily
Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
---|---|---|---|---|---|---|---|
Standard | 2,293.31 | 2,312.77 | 2,325.61 | 2,345.07 | 2,357.91 | 2,377.37 | 2,390.21 |
Camarilla | 2,329.56 | 2,332.52 | 2,335.48 | 2,338.44 | 2,341.40 | 2,344.36 | 2,347.32 |
Woodie | 2,289.99 | 2,311.12 | 2,322.29 | 2,343.42 | 2,354.59 | 2,375.72 | 2,386.89 |
Fibonacci | 2,312.77 | 2,325.11 | 2,332.74 | 2,345.07 | 2,357.41 | 2,365.04 | 2,377.37 |
Weekly
Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
---|---|---|---|---|---|---|---|
Standard | 2,224.09 | 2,257.98 | 2,310.73 | 2,344.62 | 2,397.37 | 2,431.26 | 2,484.01 |
Camarilla | 2,339.66 | 2,347.61 | 2,355.55 | 2,363.49 | 2,371.43 | 2,379.37 | 2,387.32 |
Woodie | 2,233.53 | 2,262.70 | 2,320.17 | 2,349.34 | 2,406.81 | 2,435.98 | 2,493.45 |
Fibonacci | 2,257.98 | 2,291.07 | 2,311.52 | 2,344.62 | 2,377.71 | 2,398.16 | 2,431.26 |
Monthly
Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
---|---|---|---|---|---|---|---|
Standard | 1,999.72 | 2,114.12 | 2,202.75 | 2,317.15 | 2,405.78 | 2,520.18 | 2,608.81 |
Camarilla | 2,235.55 | 2,254.16 | 2,272.77 | 2,291.38 | 2,309.99 | 2,328.60 | 2,347.21 |
Woodie | 1,986.84 | 2,107.68 | 2,189.87 | 2,310.71 | 2,392.90 | 2,513.74 | 2,595.93 |
Fibonacci | 2,114.12 | 2,191.68 | 2,239.59 | 2,317.15 | 2,394.71 | 2,442.62 | 2,520.18 |
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): | 42.34 | |
MACD (12,26,9): | -0.7500 | |
Directional Movement: | -10.31 | |
AROON (14): | -50.00 | |
DEMA (21): | 2,339.63 | |
Parabolic SAR (0,02-0,02-0,2): | 2,341.44 | |
Elder Ray (13): | -1.26 | |
Super Trend (3,10): | 2,344.86 | |
Zig ZAG (10): | 2,339.48 | |
VORTEX (21): | 0.9300 | |
Stochastique (14,3,5): | 32.08 | |
TEMA (21): | 2,338.82 | |
Williams %R (14): | -61.26 | |
Chande Momentum Oscillator (20): | -5.44 | |
Repulse (5,40,3): | 0.1000 | |
ROCnROLL: | -1 | |
TRIX (15,9): | 0.0000 | |
Courbe Coppock: | 0.42 |
MA7: | 2,334.96 | |
MA20: | 2,333.70 | |
MA50: | 2,274.55 | |
MA100: | 2,155.14 | |
MAexp7: | 2,339.96 | |
MAexp20: | 2,340.15 | |
MAexp50: | 2,340.61 | |
MAexp100: | 2,342.60 | |
Price / MA7: | +0.48% | |
Price / MA20: | +0.54% | |
Price / MA50: | +3.15% | |
Price / MA100: | +8.86% | |
Price / MAexp7: | +0.27% | |
Price / MAexp20: | +0.26% | |
Price / MAexp50: | +0.24% | |
Price / MAexp100: | +0.15% |
Quotes :
-
Real time data
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Gold & Silver Spot
News
The last news published on GOLD - USD at the time of the generation of this analysis was as follows:
- Gold Daily Forecast and Technical Analysis for May 13, 2024, by Chris Lewis for FX Empire
- Gold Long Term Forecast for May 12, by Chris Lewis, for #fxempire #trading #gold #xauusd
- Gold Daily Forecast and Technical Analysis for May 10, 2024 by Bruce Powers, CMT, FX Empire
- Gold Long Term Forecast and Technical Analysis for May 10, 2024, by Chris Lewis for FX Empire
- Gold Daily Forecast and Technical Analysis for May 10, 2024, by Chris Lewis for FX Empire
This member declared not having a position on this financial instrument or a related financial instrument.
About author
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…
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