GOLD - USD - 15 min. - Technical analysis published on 01/27/2020 (GMT)
- Who voted?
- 206
- 0
I am pleased to note that the threshold for invalidation has been maintained for 20 Candlesticks.
Click here for a new analysis!
Click here for a new analysis!
- Timeframe : 15 min.
- - Analysis generated on
- Status : LEVEL MAINTAINED
Analysis too old. There are no more charts available.
Summary of the analysis
Trends
Court terme:
Strongly bullish
De fond:
Strongly bullish
Technical indicators
44%
11%
44%
My opinion
Bullish above 1,568.18 USD
My targets
1,587.49 USD (+0.43%)
1,599.11 USD (+1.17%)
My analysis
The bullish trend is currently very strong on GOLD - USD. As long as the price remains above the support at 1,568.18 USD, you could try to benefit from the boom. The first bullish objective is located at 1,587.49 USD. The bullish momentum would be boosted by a break in this resistance. Buyers would then use the next resistance located at 1,599.11 USD as an objective. Crossing it would then enable buyers to target 1,792.46 USD. Be careful, given the powerful bullish rally underway, excesses could lead to a possible correction in the short term. If this is the case, remember that trading against the trend may be riskier. It would seem more appropriate to wait for a signal indicating reversal of the trend.
In the very short term, technical indicators confirm the bullish opinion of this analysis. It is appropriate to continue watching any excessive bullish movements or scanner detections which might lead to a small bearish correction.
FORCE
0
10
7.1
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 insight. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
The GOLD - USD price is 1,580.66 USD. On the day, this instrument gained +0.54% and was between 1,570.39 USD and 1,588.64 USD. This implies that the price is at +0.65% from its lowest and at -0.50% from its highest.1,570.39
1,588.64
1,580.66
The Central Gaps scanner detects a bearish opening. A small advantage for sellers in the very short term.
Bearish opening
Type : Bearish
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
Technical analysis of this 15 min. chart of GOLD - USD indicates that the overall trend is strongly bullish. The signals given by the moving averages are 92.86% bullish. This strong bullish trend is confirmed by the strong signals currently being given by short-term moving averages. An assessment of moving averages reveals a bullish signal that could impact this trend:
Bullish trend reversal : adaptative moving average 20
Type : Bullish
Timeframe : 15 minutes
Technical indicators are slightly bullish. There is therefore considerable uncertainty about the continuation of the increase.
Caution: the Central Indicators scanner currently detects an excess:
Williams %R indicator is oversold : under -80
Type : Neutral
Timeframe : 15 minutes
Williams %R indicator is overbought : over -20
Type : Neutral
Timeframe : 15 minutes
Ichimoku : price is over the cloud
Type : Bullish
Timeframe : 15 minutes
Price is back over the pivot point
Type : Bullish
Timeframe : 15 minutes
Price is back over the pivot point
Type : Bullish
Timeframe : Weekly
No signals are given by Central Patterns, a market scanner specialised in chart patterns, resistances and supports.
Central Candlesticks, the scanner specialised in Japanese candlesticks, detects this inversion signal that could impact the current short-term trend:
Doji
Type : Neutral
Timeframe : 15 minutes
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
S3 | S2 | S1 | Price | R1 | R2 | R3 | |
---|---|---|---|---|---|---|---|
ProTrendLines | 1,558.27 | 1,568.66 | 1,575.86 | 1,580.66 | 1,595.11 | 1,792.46 | 1,909.60 |
Change (%) | -1.42% | -0.76% | -0.30% | - | +0.91% | +13.40% | +20.81% |
Change | -22.39 | -12.00 | -4.80 | - | +14.45 | +211.80 | +328.94 |
Level | Intermediate | Minor | Intermediate | - | Intermediate | Minor | Major |
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 | 1,541.18 | 1,548.87 | 1,560.49 | 1,568.18 | 1,579.80 | 1,587.49 | 1,599.11 |
Camarilla | 1,566.81 | 1,568.58 | 1,570.35 | 1,572.12 | 1,573.89 | 1,575.66 | 1,577.43 |
Woodie | 1,543.16 | 1,549.85 | 1,562.47 | 1,569.16 | 1,581.78 | 1,588.47 | 1,601.09 |
Fibonacci | 1,548.87 | 1,556.24 | 1,560.80 | 1,568.18 | 1,575.55 | 1,580.11 | 1,587.49 |
Weekly
Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
---|---|---|---|---|---|---|---|
Standard | 1,524.17 | 1,535.25 | 1,553.69 | 1,564.77 | 1,583.21 | 1,594.29 | 1,612.73 |
Camarilla | 1,564.00 | 1,566.71 | 1,569.41 | 1,572.12 | 1,574.83 | 1,577.53 | 1,580.24 |
Woodie | 1,527.84 | 1,537.09 | 1,557.36 | 1,566.61 | 1,586.88 | 1,596.13 | 1,616.40 |
Fibonacci | 1,535.25 | 1,546.53 | 1,553.50 | 1,564.77 | 1,576.05 | 1,583.02 | 1,594.29 |
Monthly
Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
---|---|---|---|---|---|---|---|
Standard | 1,402.81 | 1,428.38 | 1,474.26 | 1,499.83 | 1,545.71 | 1,571.28 | 1,617.16 |
Camarilla | 1,500.50 | 1,507.05 | 1,513.60 | 1,520.15 | 1,526.70 | 1,533.25 | 1,539.80 |
Woodie | 1,412.98 | 1,433.46 | 1,484.43 | 1,504.91 | 1,555.88 | 1,576.36 | 1,627.33 |
Fibonacci | 1,428.38 | 1,455.67 | 1,472.53 | 1,499.83 | 1,527.12 | 1,543.98 | 1,571.28 |
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): | 57.04 | |
MACD (12,26,9): | 0.7100 | |
Directional Movement: | 8.32 | |
AROON (14): | -50.00 | |
DEMA (21): | 1,580.80 | |
Parabolic SAR (0,02-0,02-0,2): | 1,577.81 | |
Elder Ray (13): | 0.17 | |
Super Trend (3,10): | 1,575.24 | |
Zig ZAG (10): | 1,580.21 | |
VORTEX (21): | 1.0400 | |
Stochastique (14,3,5): | 27.08 | |
TEMA (21): | 1,579.51 | |
Williams %R (14): | -56.48 | |
Chande Momentum Oscillator (20): | -1.86 | |
Repulse (5,40,3): | 0.0900 | |
ROCnROLL: | 1 | |
TRIX (15,9): | 0.0100 | |
Courbe Coppock: | 0.18 |
MA7: | 1,564.36 | |
MA20: | 1,555.28 | |
MA50: | 1,507.42 | |
MA100: | 1,499.87 | |
MAexp7: | 1,579.69 | |
MAexp20: | 1,579.59 | |
MAexp50: | 1,576.62 | |
MAexp100: | 1,572.11 | |
Price / MA7: | +1.04% | |
Price / MA20: | +1.63% | |
Price / MA50: | +4.86% | |
Price / MA100: | +5.39% | |
Price / MAexp7: | +0.06% | |
Price / MAexp20: | +0.07% | |
Price / MAexp50: | +0.26% | |
Price / MAexp100: | +0.54% |
News
The latest news and videos published on GOLD - USD at the time of the analysis were as follows:
- Gold Forecast January 27, 2020
- Gold Technical Analysis for January 27, 2020 by FXEmpire
- Gold Technical Analysis for the week of January 27, 2020 by FXEmpire
- Gold Forecast January 24, 2020
- Gold Technical Analysis for January 24, 2020 by FXEmpire
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…
Add a comment
Comments
0 comments on the analysis GOLD - USD - 15 min.