CFD-të janë instrumente komplekse dhe vijnë me një rrezik të lartë të humbjes së parave për shkak të levave. 77% e llogarive të investitorëve mund të humbasin paratë kur tregtojnë me kontrata CFD. Duhet të merrni në konsideratë nëse mund të përballoni rrezikun e humbjes së parave tuaja.
CFD-të janë instrumente komplekse dhe vijnë me një rrezik të lartë të humbjes së parave për shkak të levave. 76% e llogarive të klientëve me pakicë humbasin para kur bëjnë tregti me CFD. Ju duhet të konsideroni nëse mund t'i bëni ballë rrezikut të lartë të humbjes së parave tuaja.

GOLD

Raporte Speciale - 12/04/2024

12 Prill, 2024

Shembulli më poshtë përdor Kontratat për Ndryshim (CFD). Llogaritë janë vetëm për çmimin e instrumenteve specifike për datën e përmendur më poshtë, dhe llogaritë tregojnë rast të mundshëm për fitim apo humbje. Nuk ka garanci për saktësinë apo plotësinë e këtyre informacioneve, dhe çdo person që vepron sipas tyre, e bën këtë tërësisht në rrezik të vet.

GOLD weekly special report based on 1.00 Lot Calculation:

  • SCENARIO 1: DOWN

ARGUMENTS FOR GOLD TO GO DOWN:

  • ISRAEL - HAMAS REACH A CEASFIRE DEAL IN CAIRO, EGYPT. If Hamas accepts Israeli proposal for a ceasefire and hostage release, tensions in the region could go down, which in turn could push investors away from safe-haven gold. With this in mind, the price of gold, currently trading near all- time high levels, could fall in value.
  • US INFLATION AT THE HIGHEST LEVEL SINCE SEPTEMBER 2023 (3.5%). US FEDERAL RESERVE TO KEEP INTEREST RATES UNCHANGED (5.50%) FOR LONGER. Most recent Inflation data showed that consumer prices in the US rose to 3.5% in March from February 3.2%, and up from January 3.1%. Having in mind that U.S. Inflation has started to go back up, the Fed is now expected to barely cut twice this year, while some analysts expect only one rate cut this year. This is compared to previous expectations for three interest rate cuts of 0.25% points in 2024. This scenario is supporting the US dollar, which in turn could have a negative impact on gold prices.
  • TECHNICAL ANALYSIS: GOLD IS OVERBOUGHT. Gold has climbed over 350 dollars (or +18%) since early March 2024, with the 14- Month Relative Strength Index (RSI) entering overbought territory above the overbought threshold of 70. According to this premise, technically, Gold could be expected to experience a downward correction.
  • STATISTICS: GOLD TENDS TO FALL BY MORE THAN 11.41% ON AVERAGE WITHIN THE NEXT TWO MONTHS AFTER HITTING A FRESH ALL- TIME HIGH OR LEVELS NEAR IT. The table below shows what happened to gold after hitting fresh all- time highs in 2021, 2020, 2022 and twice in 2023. The analysis shows that gold dropped in the following two months by 11.41% on average.

Table I: Gold Movement Within the Next Two Months After Hitting a Fresh All- Time High

Source: Fortrade MetaTrader 4 Platform

Please note that past performance does not guarantee future performance.

GOLD, April 12, 2024
Current Price: 2395

GOLD

Weekly

Trend direction

DOWN

Resistance 3

2627

Resistance 2

2550

Resistance 1

2470

Support 1

2320

Support 2

2240

Support 3

2163

Example of calculation base on weekly trend direction for 1.00 Lot1

Pivot Points

Resistance 3

Resistance 2

Resistance 1

Support 1

Support 2

Support 3

Profit or loss in $

-23,200

-15,500

-7,500

7,500

15,500

23,200

Profit or loss in €2

-21,792

-14,559

-7,045

7,045

14,559

21,792

Profit or loss in £2

-18,604

-12,429

-6,014

6,014

12,429

18,604

Profit or loss in C$2

-31,909

-21,319

-10,316

10,316

21,319

31,909

1. 1.00 lot is equivalent of 100 units

2. Calculations for exchange rate used as of 13:00 (GMT) 12/04/2024

  • SCENARIO 2: UP

ARGUMENTS FOR GOLD TO GO UP:

  • ISRAEL - HAMAS DO NOT REACH A CEASFIRE DEAL IN CAIRO, EGYPT. If Hamas rejects Israeli proposal for a ceasefire and hostage release, tensions in the region could remain high, which in turn could push more investors towards safe- haven gold. With this in mind, the price of gold, currently trading near all- time high levels, could continue to rise and reach new all- time highs.
  • ISRAEL - IRAN GET INTO A DIRECT CONFLICT. Iran has threatened that they will soon conduct retaliatory strikes on Israel after earlier in April Israel attacked the Iranian embassy in Syria, killing a few Iranian military commanders. The US has said that they will protect Israel in this scenario, which could draw the world a step closer to another World War. Investors would be pushed towards the safe- haven gold as the instrument has acted as a refuge in times of distress such as war conflicts.
  • US PRESIDENTIAL ELECTIONS (NOVEMBER 5, 2024). Uncertainties have also been rising over the presidential elections in the US, which could see former President Donald Trump return to the White House. This is raising much concern as Donald Trump has repeated several times that he will increase tariffs on Chinese products imported to the US, marking the beginning of another Trade War.
  • CENTRAL BANKS CONTINUE BUYING GOLD. Central banks across the world have continued buying gold in a clear sign of building uncertainties ahead. China leads the way for the moment, followed by Russia, Turkey, India and Brazil.

GOLD, April 12, 2024
Current Price:2395

GOLD

Weekly

Trend direction

UP

Resistance 3

2627

Resistance 2

2550

Resistance 1

2470

Support 1

2320

Support 2

2240

Support 3

2163

Example of calculation base on weekly trend direction for 1.00 Lot1

Pivot Points

Resistance 3

Resistance 2

Resistance 1

Support 1

Support 2

Support 3

Profit or loss in $

23,200

15,500

7,500

-7,500

-15,500

-23,200

Profit or loss in €2

21,792

14,559

7,045

-7,045

-14,559

-21,792

Profit or loss in £2

18,604

12,429

6,014

-6,014

-12,429

-18,604

Profit or loss in C$2

31,909

21,319

10,316

-10,316

-21,319

-31,909

1. 1.00 lot is equivalent of 100 units
2. Calculations for exchange rate used as of 13:00 (GMT) 12/04/2024
Fortrade recommends the use of Stop-Loss and Take-Profit, please speak to your Senior Account ManagerClient Manager regarding their use.

  • You may wish to consider closing your position in profit, even if it is lower than suggested one.
  • Trailing stop technique can protect the profit – Ask your Senior Account ManagerClient Manager for more details.

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Risk Warning and Disclaimer: CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 77% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. Be Aware: You can lose all, but not more than the balance of your Trading Account. These products may not be suitable for all clients therefore ensure you understand the risks and seek independent advice. This material does not constitute an offer of, or solicitation for, a transaction in any financial instrument. Fortrade accepts no responsibility for any use that may be made of the information and for any consequences that result. No representation or warranty is given as to the accuracy or completeness of this information, consequently any person acting on it does so entirely at their own risk. See full risk warning

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Risk warning   Privacy policy
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. Be Aware: You can lose all, but not more than the balance of your Trading Account. These products may not be suitable for all clients therefore ensure you understand the risks and seek independent advice. You do not own, or have any interest in, the underlying assets. Fortrade Canada Limited is an Order Execution Only broker, and does not provide investment advice or recommendation. Fortrade is a member of the Investment Industry Regulatory Organization of Canada (IIROC) and a member of the Canadian Investor Protection Fund (CIPF). Fortrade Canada Limited is authorised to provide CFD trading services in all provinces in Canada except Quebec. Residents of Alberta province are required to be Accredited Investors to trade CFDs.

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Fortrade Canada Limited is regulated by the Investment Industry Regulatory Organization of Canada (IIROC) and a member of the Canadian Investor Protection Fund (CIPF). Company registration number: BC1148613.
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Risk Warning and Disclaimer: CFDs are complex and highly speculative instruments, which come with a high risk of losing money rapidly due to leverage. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing all your invested capital. Be Aware: You can lose all, but not more than the balance of your Trading Account. 76% of retail investor accounts lose money when trading CFDs with this provider. These products may not be suitable for all clients, therefore ensure, that you understand the risks and seek independent advice. Should you proceed with investment in CFDs on virtual currencies, please note, that the values are highly volatile and may result in a significant loss for a short period of time. This material does not constitute an offer of, or solicitation for, a transaction in any financial instrument. Fortrade accepts no responsibility for any use that may be made of the information and for any consequences that result. No representation or warranty is given as to the accuracy or completeness of this information, consequently any person acting on it does so entirely at their own risk. The information on this site is not directed at residents of the United States or Belgium and is not intended for distribution to, or use by, any person in any country or jurisdiction where such distribution or use would be contrary to local law or regulation.

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Risk Warning and Disclaimer: CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. Be aware, as a retail client you can lose all, but not more than the balance of your trading account due to Fortrade’s negative balance protection.

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