GOLD - USD - 15 min. - Technical analysis published on 01/30/2020 (GMT)
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- Timeframe : 15 min.
- - Analysis generated on
- Status : TARGET REACHED
Analysis too old. There are no more charts available.
Summary of the analysis
Trends
Court terme:
Strongly bullish
De fond:
Strongly bullish
Technical indicators
83%
6%
11%
My opinion
Bullish above 1,572.83 USD
My targets
1,582.30 USD (+0.01%)
1,587.53 USD (+0.34%)
My analysis
All elements being clearly bullish, it would be possible for traders to trade only long positions (at the time of purchase) on GOLD - USD as long as the price remains well above 1,572.83 USD. The buyers” bullish objective is set at 1,582.30 USD. A bullish break in this resistance would boost the bullish momentum. The buyers could then target the resistance located at 1,587.53 USD. If there is any crossing, the next objective would be the resistance located at 1,597.00 USD. However, beware of bullish excesses that could lead to a possible short-term correction; but this possible correction would not be tradeable.
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
8.6
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Additional analysis
Quotes
The GOLD - USD price is 1,582.08 USD. The price has increased by +0.32% since the last closing with the lowest point at 1,576.02 USD and the highest point at 1,582.57 USD. The deviation from the price is +0.38% for the low point and -0.03% for the high point.1,576.02
1,582.57
1,582.08
The Central Gaps scanner detects a bullish opening. A small advantage for buyers in the very short term.
Bullish opening
Type : Bullish
Timeframe : Openning
So that you have an overall view of the price change, here is a table showing the variations over several periods:
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. 92.86% of the signals given by moving averages are bullish. The overall trend is supported by the strong bullish signals from short-term moving averages. There is no crossing of moving average by the price or crossing of moving averages between themselves.
In fact, 15 technical indicators on 18 studied are currently bullish. Caution: the Central Indicators scanner currently detects an excess:
Williams %R indicator is overbought : over -20
Type : Neutral
Timeframe : 15 minutes
Parabolic SAR indicator bullish reversal
Type : Bullish
Timeframe : 15 minutes
Price is back over the pivot point
Type : Bullish
Timeframe : Weekly
Momentum indicator is back over 0
Type : Bullish
Timeframe : 15 minutes
Central Patterns, the scanner specializing in chart patterns, did not identify any signals.
The Central Candlesticks scanner, specialised in Japanese candlesticks, did not identify any signals.
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 1,551.94 | 1,563.52 | 1,578.07 | 1,582.08 | 1,582.36 | 1,588.64 | 1,595.11 |
| Change (%) | -1.91% | -1.17% | -0.25% | - | +0.02% | +0.41% | +0.82% |
| Change | -30.14 | -18.56 | -4.01 | - | +0.28 | +6.56 | +13.03 |
| Level | Minor | Intermediate | Minor | - | Minor | Major | 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 | 1,552.90 | 1,558.13 | 1,567.60 | 1,572.83 | 1,582.30 | 1,587.53 | 1,597.00 |
| Camarilla | 1,573.02 | 1,574.37 | 1,575.71 | 1,577.06 | 1,578.41 | 1,579.76 | 1,581.10 |
| Woodie | 1,555.01 | 1,559.19 | 1,569.71 | 1,573.89 | 1,584.41 | 1,588.59 | 1,599.11 |
| Fibonacci | 1,558.13 | 1,563.75 | 1,567.22 | 1,572.83 | 1,578.45 | 1,581.92 | 1,587.53 |
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): | 62.94 | |
| MACD (12,26,9): | 0.5200 | |
| Directional Movement: | 16.34 | |
| AROON (14): | 35.71 | |
| DEMA (21): | 1,579.67 | |
| Parabolic SAR (0,02-0,02-0,2): | 1,577.02 | |
| Elder Ray (13): | 1.49 | |
| Super Trend (3,10): | 1,576.62 | |
| Zig ZAG (10): | 1,580.87 | |
| VORTEX (21): | 1.0700 | |
| Stochastique (14,3,5): | 77.37 | |
| TEMA (21): | 1,579.24 | |
| Williams %R (14): | -14.72 | |
| Chande Momentum Oscillator (20): | 0.77 | |
| Repulse (5,40,3): | 0.1800 | |
| ROCnROLL: | 1 | |
| TRIX (15,9): | 0.0000 | |
| Courbe Coppock: | 0.07 |
| MA7: | 1,571.78 | |
| MA20: | 1,563.30 | |
| MA50: | 1,513.69 | |
| MA100: | 1,502.37 | |
| MAexp7: | 1,579.50 | |
| MAexp20: | 1,579.00 | |
| MAexp50: | 1,577.32 | |
| MAexp100: | 1,575.32 | |
| Price / MA7: | +0.66% | |
| Price / MA20: | +1.20% | |
| Price / MA50: | +4.52% | |
| Price / MA100: | +5.31% | |
| Price / MAexp7: | +0.16% | |
| Price / MAexp20: | +0.20% | |
| Price / MAexp50: | +0.30% | |
| Price / MAexp100: | +0.43% |
News
The last news published on GOLD - USD at the time of the generation of this analysis was as follows:
-
Gold Forecast January 30, 2020
-
Gold Technical Analysis for January 30, 2020 by FXEmpire
-
Apple helps lift stocks ahead of Fed, gold rebounds
-
Direxion Daily Gold Miners Index Bear 3X Shares - DUST Stock Chart Technical Analysis for 01-28-2020
-
Gold Forecast January 29, 2020
This member declared not having a position on this financial instrument or a related financial instrument.
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