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 05/21/2024 (GMT)

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

Summary of the analysis

Trends

Short term: Neutral

Underlying: Slightly bullish

Technical indicators

22%

56%

22%

My opinion

Neutral between 2,405.70 USD and 2,427.89 USD

My targets

My analysis

A slightly bullish trend and a neutral short term. With such a pattern, it is difficult to favour buying or selling. The first resistance is located at 2,427.89 USD. The first support is located at 2,405.70 USD. A very slight advantage is given by the slightly bullish basic trend so that the resistance is reached first, but should we take this into account? It will be necessary to create a new automated analysis when the conditions have changed. This may be the case, for example, when the first resistance has been broken above or the first support has been broken below.

In the very short term, the neutral opinion of this analysis is confirmed by technical indicators which are also neutral.

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

The GOLD - USD price is 2,420.67 USD. On the day, this instrument lost -0.23% and was between 2,406.29 USD and 2,433.97 USD. This implies that the price is at +0.60% from its lowest and at -0.55% from its highest.

2,406.29

2,433.97

2,420.67

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:

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 slightly bullish. 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 slightly bullish trend could return to neutral. The Central Indicators scanner detects bearish signals on moving averages that could impact this trend:

Bearish price crossover with Moving Average 50

Type : Bearish

Timeframe : 15 minutes

Bearish price crossover with Moving Average 100

Type : Bearish

Timeframe : 15 minutes

The technical indicators are generally neutral. They do not provide 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

No additional result has been identified by Central Indicators, the scanner specialised in technical indicators.

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

The presence of these bullish Japanese candlestick patterns detected by Central Candlesticks that could cause a very short term rebound were also noted:

Bullish harami

Type : Bullish

Timeframe : 15 minutes

Bullish harami cross

Type : Bullish

Timeframe : 15 minutes

ProTrendLines

Price

	S3	S2	S1	Price	R1	R2
ProTrendLines	2,378.50	2,390.13	2,407.38	2,420.67	2,437.39	2,450.09
Change (%)	-1.74%	-1.26%	-0.55%	-	+0.69%	+1.22%
Change	-42.17	-30.54	-13.29	-	+16.72	+29.42
Level	Intermediate	Intermediate	Intermediate	-	Minor	Major

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

Daily

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	2,362.99	2,385.18	2,405.70	2,427.89	2,448.41	2,470.60	2,491.12
Camarilla	2,414.47	2,418.38	2,422.30	2,426.21	2,430.13	2,434.04	2,437.96
Woodie	2,362.15	2,384.76	2,404.86	2,427.47	2,447.57	2,470.18	2,490.28
Fibonacci	2,385.18	2,401.50	2,411.58	2,427.89	2,444.21	2,454.29	2,470.60

Weekly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	2,267.63	2,299.93	2,358.18	2,390.48	2,448.73	2,481.03	2,539.28
Camarilla	2,391.52	2,399.82	2,408.12	2,416.42	2,424.72	2,433.02	2,441.32
Woodie	2,280.60	2,306.42	2,371.15	2,396.97	2,461.70	2,487.52	2,552.25
Fibonacci	2,299.93	2,334.52	2,355.89	2,390.48	2,425.07	2,446.44	2,481.03

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 is the status of technical indicators and moving averages registered at the time this technical analysis was created:

Technical indicators

Moving averages

RSI (14):	42.98
MACD (12,26,9):	1.1200
Directional Movement:	-7.59
AROON (14):	-28.57
DEMA (21):	2,427.24
Parabolic SAR (0,02-0,02-0,2):	2,432.72
Elder Ray (13):	-4.71
Super Trend (3,10):	2,419.19
Zig ZAG (10):	2,420.29
VORTEX (21):	1.0100
Stochastique (14,3,5):	21.61
TEMA (21):	2,427.10
Williams %R (14):	-87.02
Chande Momentum Oscillator (20):	-8.08
Repulse (5,40,3):	-0.2800
ROCnROLL:	2
TRIX (15,9):	0.0100
Courbe Coppock:	0.11

MA7:	2,389.61
MA20:	2,346.21
MA50:	2,299.51
MA100:	2,172.31
MAexp7:	2,424.37
MAexp20:	2,425.22
MAexp50:	2,423.11
MAexp100:	2,422.22
Price / MA7:	+1.30%
Price / MA20:	+3.17%
Price / MA50:	+5.27%
Price / MA100:	+11.43%
Price / MAexp7:	-0.15%
Price / MAexp20:	-0.19%
Price / MAexp50:	-0.10%
Price / MAexp100:	-0.06%

Quotes : - Real time data - Gold & Silver Spot

News

The latest news and videos published on GOLD - USD at the time of the analysis were as follows:

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

About author

Londinia AI

Online

Overall rating :

15143

Number of analyses :

77428

Followers :

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…