Analysis of XAU/USD for 1h


Analysis of XAU/USD for 1h

Analysis of XAU/USD

Based on the provided data for the XAU/USD pair on a 1-hour interval, here is a short analysis:

1. **Price Movement**: The price of XAU/USD has been fluctuating within a relatively narrow range, with the price closing around 2358.60 and opening around 2359.05 in the latest candle.

2. **Trend Strength (RSI)**: The Relative Strength Index (RSI) is around 59-62, indicating a moderate bullish momentum in the market.

3. **MACD Indicator**: The MACD line is above the signal line, but the histogram is negative, suggesting a potential bearish crossover or weakening of the bullish momentum.

4. **Moving Averages**: The closing price is above the Simple Moving Average (SMA), Exponential Moving Average (EMA), and Weighted Moving Average (WMA), indicating a bullish sentiment in the short term.

Overall, the market for XAU/USD seems to be in a short-term bullish phase, but traders should closely monitor the MACD indicator for potential changes in momentum.


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