# Gold 1 OZ (XAU=X) All Time Highs Metastock Technicals and Charts Live Trading News is an independent financial media publication. Masthead: Live Trading News. Parent: Knightsbridge Group. Product cousin: KXCO (kxco.ai). Coverage: markets, policy, AI, quantum, blockchain, FX, biotech, ASEAN. New stories are signed ML-DSA-65 and anchored on Armature L1; articles published before the platform launch are not signed. Nothing on the site is investment advice. Canonical HTML: https://www.livetradingnews.com/gold-1-oz-xaux-all-time-highs-metastock-technicals-and-charts Last modified: 2021-01-03 --- By Shayne Heffernan · 2021-01-03 Tags: Shayne Heffernan on Investments, Metals, trading, Headline News, shayne heffernan, Shayne Heffernan, Shayne Heffernan, gold price, gold market, Gold, GOLD 1 OZ, XAU=X, xau price, gold technical analysis, gold news, gold forecast, gold weekly forecast, Todays Trade Ideas, trade like Shayne Heffernan, Shayne Heffernan well known economist Asia Signed: no (published before platform launch). Nothing in this article is investment advice. **$XAU #****[Gold](http://www.thelucky.club//)**** #Commodities #FX #Trading #Markets #Affiliate** [Trade Smarter with Knightsbridge Live](https://knightsbridge.live/open-live-account.php?ref=282696) **[Gold](https://knightsbridge.live/open-live-account.php)** Ticker: XAU= Price: $1910.36 [Join Knightsbridge Live affiliate program and for every referral, you earn a bonus of up to $20,000 plus free trades. The best way to earn extra income!](https://knightsbridge.live/open-live-account.php?ref=282696) ### Technical Indicators Overall, the bias in prices is: Upwards. The projected upper bound is: 1,973.53. The projected lower bound is: 1,849.98. The projected closing price is: 1,911.76. ![](https://livetradingnews-media.nyc3.digitaloceanspaces.com/wp/placeholder.svg) ### Candlesticks A white body occurred (because prices closed higher than they opened). During the past 10 bars, there have been 7 white candles and 2 black candles for a net of 5 white candles. During the past 50 bars, there have been 28 white candles and 21 black candles for a net of 7 white candles. A rising window occurred (where the top of the previous shadow is below the bottom of the current shadow). This usually implies a continuation of a bullish trend. Three white candles occurred in the last three days. Although these candles were not big enough to create three white soldiers, the steady upward pattern is bullish. ![](https://livetradingnews-media.nyc3.digitaloceanspaces.com/wp/placeholder.svg) ### Momentum Indicators Momentum is a general term used to describe the speed at which prices move over a given time period. Generally, changes in momentum tend to lead to changes in prices. This expert shows the current values of four popular momentum indicators. ![](https://livetradingnews-media.nyc3.digitaloceanspaces.com/wp/placeholder.svg) ### Stochastic Oscillator One method of interpreting the Stochastic Oscillator is looking for overbought areas (above 80) and oversold areas (below 20). The Stochastic Oscillator is 90.9725. This is an overbought reading. However, a signal is not generated until the Oscillator crosses below 80 The last signal was a sell 10 period(s) ago. ![](https://livetradingnews-media.nyc3.digitaloceanspaces.com/wp/placeholder.svg) ### Relative Strength Index (RSI) The RSI shows overbought (above 70) and oversold (below 30) areas. The current value of the RSI is 64.16. This is not a topping or bottoming area. A buy or sell signal is generated when the RSI moves out of an overbought/oversold area. The last signal was a buy 24 period(s) ago. ![](https://livetradingnews-media.nyc3.digitaloceanspaces.com/wp/placeholder.svg) ### Commodity Channel Index (CCI) The CCI shows overbought (above 100) and oversold (below -100) areas. The current value of the CCI is 207.This is an overbought reading. However, a signal isn't generated until the indicator crosses below 100. The last signal was a sell 9 period(s) ago. ![](https://livetradingnews-media.nyc3.digitaloceanspaces.com/wp/placeholder.svg) ### MACD The Moving Average Convergence/Divergence indicator (MACD) gives signals when it crosses its 9 period signal line. The last signal was a buy 21 period(s) ago. ![](https://livetradingnews-media.nyc3.digitaloceanspaces.com/wp/placeholder.svg) ### Rex Takasugi - TD Profile PREC.M.XAU= closed up 13.460 at 1,911.560. Volume was 8,900% above average (trending) and Bollinger Bands were 15% narrower than normal. Open High Low Close Volume 1,905.190 1,914.493 1,904.314 1,911.560 2,772 Technical Outlook Short Term: Overbought Intermediate Term: Bullish Long Term: Bullish Moving Averages: 10-period 50-period 200-period Close: 1,883.27 1,865.92 1,832.88 Volatility: 9 21 21 Volume: 277 55 14 Short-term traders should pay closer attention to buy/sell arrows while intermediate/long-term traders should place greater emphasis on the Bullish or Bearish trend reflected in the lower ribbon. ### Summary PREC.M.XAU= gapped up today (bullish) on heavy volume. Possibility of a Breakaway Gap which usually signifies the beginning of a major market move. Four types of price gaps exist - Common, Breakaway, Runaway, and Exhaustion. Gaps acts as support/resistance. PREC.M.XAU= is currently 4.3% above its 200-period moving average and is in an upward trend. Volatility is extremely low when compared to the average volatility over the last 10 periods. There is a good possibility that there will be an increase in volatility along with sharp price fluctuations in the near future. Our volume indicators reflect very strong flows of volume into XAU= (bullish). Our trend forecasting oscillators are currently bullish on XAU= and have had this outlook for the last 13 periods. --- This Markdown mirrors https://www.livetradingnews.com/gold-1-oz-xaux-all-time-highs-metastock-technicals-and-charts. The HTML page is canonical. Site index for AI clients: https://www.livetradingnews.com/llms.txt