Gold (XAUUSD)Singkat
GOLD Price Analysis with Fibonacci, Gann Fan, and RSI Insights
Market Overview:
Current Price: 2735.16
200-day Moving Average (MA): 2748.11
MACD Indicators:
MACD Line: 19.44
Signal Line: 17.42
Histogram: 6.57
Relative Strength Index (RSI): 37.99 (suggests potential downward momentum)
Key Fibonacci Levels within My Custom Algorithm:
Using my proprietary Fibonacci algorithm, GOLD has recently reached the 0% Fibonacci level (2787.25), indicating a significant resistance point and potential reversal. Here are the crucial Fibonacci levels identified by my algorithm:
0% Level: 2787.25 🔽 (recent resistance)
23.6% Level: 2687.01 🔼
38.2% Level: 2624.99 🔼
50% Level: 2574.87 🔼
61.8% Level: 2524.75 🔼
100% Key Level: 2362.49 🔼
1.618 Extension Level: 3049.75 🔽
These Fibonacci levels, derived from my algorithm, serve as critical zones where GOLD may encounter potential support or resistance. With the recent downward move, the 23.6% level at 2687.01 is the immediate support zone to monitor, while deeper retracement may target the 50% level at 2574.87.
Gann Fan Analysis:
GOLD currently aligns with the 2/1 Gann Fan line, indicating it’s at a pivotal juncture:
Reversal Signal: The recent wick formation suggests a potential reversal in price, indicating a possible downward trend in the short term.
Trend Shift Watch: A move below the 2/1 Gann Fan line could confirm further alignment with a bearish trend, guiding price action toward deeper Fibonacci retracement levels.
Supply and Demand Zones:
📈 Supply Zones: (Potential Resistance): Key areas include [(2399.98, 2445.4), (2458.3, 2483.61), (2500.04, 2531.63), (2555.08, 2560.01), (2569.99, 2572.89), (2583.31, 2589.56), (2622.92, 2640.02), (2646.01, 2652.98), (2659.18, 2688.69), (2720.07, 2725.03), (2737.99, 2750.41), (2755.55, 2758.39), (2771.67, 2775.38), (2782.06, 2790.02)]
📈 Demand Zones (Potential Support): Key areas include [(2353.05, 2357.91), (2364.25, 2393.75), (2401.23, 2432.12), (2438.02, 2441.96), (2450.68, 2459.04), (2470.77, 2473.26), (2478.5, 2504.49), (2509.75, 2512.96), (2544.79, 2551.04), (2556.62, 2575.16), (2601.96, 2605.09), (2613.77, 2649.67), (2701.65, 2731.49), (2739.72, 2748.2)]
RSI Analysis:
The daily RSI for GOLD is currently above the overbought level but remain, suggesting potential further downward pressure.
📊 Summary: GOLD’s interaction with the 0% Fibonacci level, combined with its position near the 2/1 Gann Fan and recent reversal indicators, suggests potential for further downside. Close monitoring of the 23.6% level (2687.01) and 50% level (2574.87) will provide insights into GOLD's next direction. These Fibonacci levels within my developed algorithm continue to be powerful markers for understanding GOLD's market rhythm.
💡 Note: This analysis is intended for educational purposes only and is not financial advice. Always conduct your own assessment of the market conditions.
Current Price: 2735.16
200-day Moving Average (MA): 2748.11
MACD Indicators:
MACD Line: 19.44
Signal Line: 17.42
Histogram: 6.57
Relative Strength Index (RSI): 37.99 (suggests potential downward momentum)
Key Fibonacci Levels within My Custom Algorithm:
Using my proprietary Fibonacci algorithm, GOLD has recently reached the 0% Fibonacci level (2787.25), indicating a significant resistance point and potential reversal. Here are the crucial Fibonacci levels identified by my algorithm:
0% Level: 2787.25 🔽 (recent resistance)
23.6% Level: 2687.01 🔼
38.2% Level: 2624.99 🔼
50% Level: 2574.87 🔼
61.8% Level: 2524.75 🔼
100% Key Level: 2362.49 🔼
1.618 Extension Level: 3049.75 🔽
These Fibonacci levels, derived from my algorithm, serve as critical zones where GOLD may encounter potential support or resistance. With the recent downward move, the 23.6% level at 2687.01 is the immediate support zone to monitor, while deeper retracement may target the 50% level at 2574.87.
Gann Fan Analysis:
GOLD currently aligns with the 2/1 Gann Fan line, indicating it’s at a pivotal juncture:
Reversal Signal: The recent wick formation suggests a potential reversal in price, indicating a possible downward trend in the short term.
Trend Shift Watch: A move below the 2/1 Gann Fan line could confirm further alignment with a bearish trend, guiding price action toward deeper Fibonacci retracement levels.
Supply and Demand Zones:
📈 Supply Zones: (Potential Resistance): Key areas include [(2399.98, 2445.4), (2458.3, 2483.61), (2500.04, 2531.63), (2555.08, 2560.01), (2569.99, 2572.89), (2583.31, 2589.56), (2622.92, 2640.02), (2646.01, 2652.98), (2659.18, 2688.69), (2720.07, 2725.03), (2737.99, 2750.41), (2755.55, 2758.39), (2771.67, 2775.38), (2782.06, 2790.02)]
📈 Demand Zones (Potential Support): Key areas include [(2353.05, 2357.91), (2364.25, 2393.75), (2401.23, 2432.12), (2438.02, 2441.96), (2450.68, 2459.04), (2470.77, 2473.26), (2478.5, 2504.49), (2509.75, 2512.96), (2544.79, 2551.04), (2556.62, 2575.16), (2601.96, 2605.09), (2613.77, 2649.67), (2701.65, 2731.49), (2739.72, 2748.2)]
RSI Analysis:
The daily RSI for GOLD is currently above the overbought level but remain, suggesting potential further downward pressure.
📊 Summary: GOLD’s interaction with the 0% Fibonacci level, combined with its position near the 2/1 Gann Fan and recent reversal indicators, suggests potential for further downside. Close monitoring of the 23.6% level (2687.01) and 50% level (2574.87) will provide insights into GOLD's next direction. These Fibonacci levels within my developed algorithm continue to be powerful markers for understanding GOLD's market rhythm.
💡 Note: This analysis is intended for educational purposes only and is not financial advice. Always conduct your own assessment of the market conditions.
Penafian
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