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Gold - Usd Dollar Analysis

US Session Analysis for CFD Instruments 08/11/2019

Fundamental analysis

08 November, 2019

Gold prices traded firmly lower and were on track for their biggest weekly decline in 2-1/2 years as a stronger dollar weighed, while optimism around U.S.-China trade talks dented bullion’s safe-haven appeal. The dollar index was headed for a weekly gain as it benefited from news that China and the United States had agreed to roll back tariffs as part of a potential preliminary pact to end their trade war.

Technical analysis

Gold - Usd Dollar Analysis Technical analysis 08/11/2019
Time Frame: 1 hour

GOLD Support & Resistance Table - 08/11/2019

Support & Resistance Level Explanation
Resistance 2 1481.00 Daily R2
Resistance 1 1471.82 Daily R1
Support 1 1446.83 Daily S1
Support 2 1438.88 Daily S2

GOLD Indicator Table - 08/11/2019

Indicator Signal
SMA 20 Sell
SMA 50 Sell
SMA 100 Sell
MACD( 12;26;9) Sell
RSI (14) Sell
Stochastic ( 9;6;3) Sell

GOLD Indicator / Period Table - 08/11/2019

Indicator / Period Day - SellWeek - SellMonth - Sell
MACD( 12;26;9) Sell SellBuy
RSI (14) Sell SellSell
SMA 20 Sell SellSell

GOLD 08/11/2019 - Reference Price : 1458.34

Sell
Simple Moving AverageBuy (0)Sell (3)
Technical Indicators - OscillatorsBuy (0)Sell (3)
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