GOLD - USD - Daily - Technical analysis published on 12/13/2019 (GMT)
- 257
- 0
- Timeframe : Daily
- - Analysis generated on
- Status : NEUTRAL
Summary of the analysis
Trends
Court terme:
Neutral
De fond:
Slightly bullish
Technical indicators
61%
0%
39%
My opinion
Neutral between 1,412.81 USD and 1,513.35 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 1,513.35 USD. The first support is located at 1,412.81 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, technical indicators are bullish and could soon allow change to a bullish sentiment.
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This analysis was given by Vincent Launay. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
The GOLD - USD price is 1,470.32 USD. The price has increased by +0.36% since the last closing and was between 1,464.83 USD and 1,471.77 USD. This implies that the price is at +0.37% from its lowest and at -0.10% from its highest.1,464.83
1,471.77
1,470.32
The Central Gaps scanner detects a bullish opening. A small advantage for buyers in the very short term.
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
Technical
A technical analysis in Daily of this GOLD - USD chart shows a slightly bullish trend. 46.43% 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. An assessment of moving averages reveals a bearish signal that could impact this trend:
Bearish price crossover with Moving Average 20
Type : Bearish
Timeframe : Daily
The technical indicators are bullish. There is still some doubt about the price increase.
But beware of excesses. The Central Indicators scanner currently detects this:
MACD indicator: bearish divergence
Type : Bearish
Timeframe : Daily
RSI indicator is back under 50
Type : Bearish
Timeframe : Daily
Ichimoku - Bullish crossover : Tenkan & Kijun
Type : Bullish
Timeframe : Daily
Price is back under the pivot point
Type : Bearish
Timeframe : Daily
Williams %R indicator is back under -50
Type : Bearish
Timeframe : Daily
Central Patterns, the scanner specializing in chart patterns, did not identify any signals.
The Central Candlesticks scanner which studies Japanese candlesticks did not detect anything.
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
S3 | S2 | S1 | Price | R1 | R2 | R3 | |
---|---|---|---|---|---|---|---|
ProTrendLines | 1,308.41 | 1,360.59 | 1,412.81 | 1,470.32 | 1,473.64 | 1,513.35 | 1,544.30 |
Change (%) | -11.01% | -7.46% | -3.91% | - | +0.23% | +2.93% | +5.03% |
Change | -161.91 | -109.73 | -57.51 | - | +3.32 | +43.03 | +73.98 |
Level | Minor | Major | Minor | - | Intermediate | Intermediate | Major |
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 | 1,431.04 | 1,446.52 | 1,455.82 | 1,471.30 | 1,480.60 | 1,496.08 | 1,505.38 |
Camarilla | 1,458.30 | 1,460.57 | 1,462.84 | 1,465.11 | 1,467.38 | 1,469.65 | 1,471.93 |
Woodie | 1,427.94 | 1,444.98 | 1,452.72 | 1,469.76 | 1,477.50 | 1,494.54 | 1,502.28 |
Fibonacci | 1,446.52 | 1,455.99 | 1,461.84 | 1,471.30 | 1,480.77 | 1,486.62 | 1,496.08 |
Weekly
Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
---|---|---|---|---|---|---|---|
Standard | 1,417.76 | 1,435.85 | 1,447.92 | 1,466.01 | 1,478.08 | 1,496.17 | 1,508.24 |
Camarilla | 1,451.70 | 1,454.46 | 1,457.23 | 1,459.99 | 1,462.76 | 1,465.52 | 1,468.28 |
Woodie | 1,414.75 | 1,434.35 | 1,444.91 | 1,464.51 | 1,475.07 | 1,494.67 | 1,505.23 |
Fibonacci | 1,435.85 | 1,447.37 | 1,454.49 | 1,466.01 | 1,477.53 | 1,484.65 | 1,496.17 |
Monthly
Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
---|---|---|---|---|---|---|---|
Standard | 1,363.83 | 1,404.73 | 1,434.31 | 1,475.21 | 1,504.79 | 1,545.69 | 1,575.27 |
Camarilla | 1,444.50 | 1,450.96 | 1,457.42 | 1,463.88 | 1,470.34 | 1,476.80 | 1,483.26 |
Woodie | 1,358.16 | 1,401.90 | 1,428.64 | 1,472.38 | 1,499.12 | 1,542.86 | 1,569.60 |
Fibonacci | 1,404.73 | 1,431.66 | 1,448.29 | 1,475.21 | 1,502.14 | 1,518.77 | 1,545.69 |
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): | 49.92 | |
MACD (12,26,9): | -2.6800 | |
Directional Movement: | 6.76 | |
AROON (14): | 85.72 | |
DEMA (21): | 1,464.16 | |
Parabolic SAR (0,02-0,02-0,2): | 1,462.01 | |
Elder Ray (13): | 0.61 | |
Super Trend (3,10): | 1,493.61 | |
Zig ZAG (10): | 1,471.21 | |
VORTEX (21): | 1.0100 | |
Stochastique (14,3,5): | 56.70 | |
TEMA (21): | 1,466.70 | |
Williams %R (14): | -42.83 | |
Chande Momentum Oscillator (20): | 14.15 | |
Repulse (5,40,3): | -0.1200 | |
ROCnROLL: | -1 | |
TRIX (15,9): | -0.0400 | |
Courbe Coppock: | 0.65 |
MA7: | 1,467.40 | |
MA20: | 1,466.30 | |
MA50: | 1,479.30 | |
MA100: | 1,489.79 | |
MAexp7: | 1,467.99 | |
MAexp20: | 1,468.61 | |
MAexp50: | 1,474.88 | |
MAexp100: | 1,464.76 | |
Price / MA7: | +0.20% | |
Price / MA20: | +0.27% | |
Price / MA50: | -0.61% | |
Price / MA100: | -1.31% | |
Price / MAexp7: | +0.16% | |
Price / MAexp20: | +0.12% | |
Price / MAexp50: | -0.31% | |
Price / MAexp100: | +0.38% |
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:
- Gold Forecast December 13, 2019
- Gold Technical Analysis for December 13, 2019 by FXEmpire
- Gold Forecast December 12, 2019
- Gold Technical Analysis for December 12, 2019 by FXEmpire
- Will gold target $1430? – 11th December 2019
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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