Londinia Opportunities Analyses - 02/02/2023 (GMT) GOLD - EUR - 1H
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EUR
(-)
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Real time data - Gold & Silver Spot
| Type: | Commodities |
| Ticker: | XAUEUR |
| ISIN: |
- FX/Indices
- Timeframe : 1H
- - Analysis generated on
- Status : INVALID
Summary of the analysis
Trends
Short term:
Strongly bullish
Underlying:
Strongly bullish
Technical indicators
83%
0%
17%
My opinion
Bullish above 1,775.21 EUR
My targets
1,783.96 EUR (+0.32%)
1,875.43 EUR (+5.46%)
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 - EUR as long as the price remains well above 1,775.21 EUR. The buyers' bullish objective is set at 1,783.96 EUR. A bullish break in this resistance would boost the bullish momentum. The buyers could then target the resistance located at 1,875.43 EUR. However, beware of bullish excesses that could lead to a possible short-term correction; but this possible correction would not be tradeable.
Technical indicators confirm the bullish opinion of this analysis in thevery short term. However, be careful of excessive bullish movements. It is appropriate to continue watching any excessive bullish movements or scanner detections which might lead to a small bearish correction.
Force
0
10
8.8
Analysis too old. There are no more charts available.
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Additional analysis
Quotes
The GOLD - EUR rating is 1,778.32 EUR. The price has increased by +0.27% since the last closing and was traded between 1,770.11 EUR and 1,780.66 EUR over the period. The price is currently at +0.46% from its lowest and -0.13% from its highest.1,770.11
1,780.66
1,778.32
A bearish opening was detected by the Central Gaps scanner. Sellers are trying to impose a bearish trend in the very short term.
Bearish opening
Type : Bearish
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 LOW record (1st january)
Type : Bearish
Timeframe : Weekly
Near a new LOW record (1 month)
Type : Bearish
Timeframe : Weekly
Abnormal volumes on GOLD - EUR were detected by the Central Volumes scanner:
Abnormal volumes
Timeframe : 5 days
Abnormal volumes
Timeframe : 20 days
Abnormal volumes
Timeframe : 50 days
Technical
Technical analysis of GOLD - EUR in 1H shows a strongly overall bullish trend. 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. The Central Indicators scanner detects a bullish signal on moving averages that could impact this trend:
Moving Average bullish crossovers : MA50 & MA100
Type : Bullish
Timeframe : 1 hour
The probability of a further increase is high given the direction of the technical indicators.
The Central Indicators scanner found no further results concerning independent technical indicators.
The analysis of the price chart with Central Patterns scanners does not return any result.
The Central Candlesticks scanner currently notes the presence of this pattern in Japanese candlesticks that could mark the end of the short-term trend currently underway:
Doji
Type : Neutral
Timeframe : 1 hour
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 1,766.95 | 1,775.21 | 1,778.17 | 1,778.32 | 1,781.06 | 1,783.96 | 1,875.43 |
| Change (%) | -0.64% | -0.17% | -0.01% | - | +0.15% | +0.32% | +5.46% |
| Change | -11.37 | -3.11 | -0.15 | - | +2.74 | +5.64 | +97.11 |
| Level | Intermediate | Minor | Intermediate | - | Minor | Major | 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 | 1,743.53 | 1,751.58 | 1,762.53 | 1,770.58 | 1,781.53 | 1,789.58 | 1,800.53 |
| Camarilla | 1,768.26 | 1,770.00 | 1,771.74 | 1,773.48 | 1,775.22 | 1,776.96 | 1,778.71 |
| Woodie | 1,744.98 | 1,752.31 | 1,763.98 | 1,771.31 | 1,782.98 | 1,790.31 | 1,801.98 |
| Fibonacci | 1,751.58 | 1,758.84 | 1,763.32 | 1,770.58 | 1,777.84 | 1,782.32 | 1,789.58 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 1,733.88 | 1,746.46 | 1,760.33 | 1,772.91 | 1,786.78 | 1,799.36 | 1,813.23 |
| Camarilla | 1,766.94 | 1,769.36 | 1,771.79 | 1,774.21 | 1,776.64 | 1,779.06 | 1,781.48 |
| Woodie | 1,734.54 | 1,746.78 | 1,760.99 | 1,773.23 | 1,787.44 | 1,799.68 | 1,813.89 |
| Fibonacci | 1,746.46 | 1,756.56 | 1,762.80 | 1,772.91 | 1,783.01 | 1,789.25 | 1,799.36 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 1,639.11 | 1,670.73 | 1,722.67 | 1,754.29 | 1,806.23 | 1,837.85 | 1,889.79 |
| Camarilla | 1,751.63 | 1,759.29 | 1,766.95 | 1,774.61 | 1,782.27 | 1,789.93 | 1,797.59 |
| Woodie | 1,649.27 | 1,675.81 | 1,732.83 | 1,759.37 | 1,816.39 | 1,842.93 | 1,899.95 |
| Fibonacci | 1,670.73 | 1,702.65 | 1,722.37 | 1,754.29 | 1,786.21 | 1,805.93 | 1,837.85 |
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): | 58.24 | |
| MACD (12,26,9): | 1.8100 | |
| Directional Movement: | 12.17 | |
| AROON (14): | 71.43 | |
| DEMA (21): | 1,776.35 | |
| Parabolic SAR (0,02-0,02-0,2): | 1,772.36 | |
| Elder Ray (13): | 2.00 | |
| Super Trend (3,10): | 1,767.94 | |
| Zig ZAG (10): | 1,776.84 | |
| VORTEX (21): | 1.1100 | |
| Stochastique (14,3,5): | 76.68 | |
| TEMA (21): | 1,777.87 | |
| Williams %R (14): | -30.71 | |
| Chande Momentum Oscillator (20): | 3.82 | |
| Repulse (5,40,3): | 0.0100 | |
| ROCnROLL: | 1 | |
| TRIX (15,9): | 0.0100 | |
| Courbe Coppock: | 0.61 |
| MA7: | 1,775.46 | |
| MA20: | 1,767.72 | |
| MA50: | 1,728.17 | |
| MA100: | 1,710.38 | |
| MAexp7: | 1,776.91 | |
| MAexp20: | 1,774.36 | |
| MAexp50: | 1,772.71 | |
| MAexp100: | 1,772.51 | |
| Price / MA7: | +0.16% | |
| Price / MA20: | +0.60% | |
| Price / MA50: | +2.90% | |
| Price / MA100: | +3.97% | |
| Price / MAexp7: | +0.08% | |
| Price / MAexp20: | +0.22% | |
| Price / MAexp50: | +0.32% | |
| Price / MAexp100: | +0.33% |
Quotes :
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Real time data
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Gold & Silver Spot