Dotbee.ai

Indicators and patterns

10/31/2024

Indicators and patterns

Indicators and patterns

The STOCHRSI (Stochastic Relative Strength Index) fast %K indicator for XAU/USD on the 30-minute timeframe is currently showing a bearish signal. This indicates a potential selling opportunity. The fast %K value is 2785.15991 as of October 31, 2024, at 5:00 AM.

The STOCHRSI combines the features of the Stochastic Oscillator and the Relative Strength Index (RSI) to provide a momentum oscillator that measures the level of RSI relative to its high-low range over a specified period.

In this case, the bearish signal suggests that the XAU/USD pair may experience downward price movement in the near term, prompting traders to consider selling positions or adopting a bearish outlook. It is important to consider other factors and conduct further analysis before making any trading decisions based solely on this indicator and signal.

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

Contacts

Telephone number

+48 32 700 81 66

Email address

[email protected]

Company information

Honey Payment Group S.A. at Al. Aleje Jerozolimskie 65 / 79, 00-697 Warsaw, Poland, Register number KRS 0000335507, NIP 5252859204, REGON 388760204. Honey Payment Group is listed on the Warsaw Stock Exchange (WSE) under the ticker symbol HPG. Link