Analysis of XAU/USD for 15min


Analysis of XAU/USD for 15min

Analysis of XAU/USD

Based on the provided data for the XAU/USD pair on June 5th, 2024, we can observe the following:

1. Price Movement:
- The closing prices fluctuated between 2331.11011 and 2335.06006.
- The highest price reached was 2335.17993, while the lowest was 2329.57007.

2. Technical Indicators:
- RSI (Relative Strength Index) values ranged from 44.64612 to 54.43610, indicating moderate fluctuations in momentum.
- MACD (Moving Average Convergence Divergence) values were negative throughout the day, suggesting a bearish trend.
- Moving Averages (SMA, EMA, WMA) were relatively close to each other, indicating a stable trend.

3. Overall Analysis:
- The RSI values suggest a mixed sentiment with no extreme overbought or oversold conditions.
- The MACD values indicate a bearish trend, which aligns with the negative price movement.
- Moving averages show a stable trend with minor variations.

In conclusion, the XAU/USD pair on June 5th, 2024, exhibited a slightly bearish sentiment based on the MACD indicator, while the RSI values and moving averages indicated a relatively stable market with moderate fluctuations. Traders may consider monitoring further price movements to identify potential trading opportunities.


This is not investment advice. Remember to verify the information provided here.

Get access to the full analysis

  • Over 35 000 indexes
  • CFD, Forex, Crypto and Stocks Exchange
  • Over 150 Indicators
  • Pattern and candle analysis
  • Support and resistance levels
  • Fundamental, technical and sentimental analysis
  • Power from AI
Web versionApp StoreGoogle Play


Telephone number

+48 32 700 81 66

Email address

[email protected]

Company information

Honey Payment S.A. at ul. Nowy Swiat 33/13, 00-029 Warsaw, Poland, Register number KRS 0000895826, share capital in the amount of 201.4 mln PLN, NIP 5252859204, REGON 388760204