CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 71% 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.
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 70.91% 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 all your money. Read full risk warning.

Gold - Usd Dollar Analysis

US Session Analysis for CFD Instruments 27/01/2021

Fundamental analysis

27 January, 2021

Gold prices slipped on Wednesday as the dollar climbed, with bullion trading in a narrow range ahead of the U.S. Federal Reserve policy statement which investors expect to give further clarity on monetary stimulus. The U.S. central bank is expected to leave rates unchanged when it announces its decision at 1900 GMT. Investors will be watching for Fed Chairman Jerome Powell's tone for clues on the state of the economy. Meanwhile, U.S. President Joe Biden's $1.9 trillion stimulus plan has been met with objections from Republicans over the price tag. U.S. stimulus plan doubts also weighed on U.S. Treasury yields, while the dollar rebounded and was on track for its best day in nearly two weeks.

Technical analysis

Gold - Usd Dollar Analysis Technical analysis 27/01/2021
Time Frame: 1 hour

GOLD Support & Resistance Table - 27/01/2021

Support & Resistance Level Explanation
Resistance 2 1854.07 Daily R2
Resistance 1 1848.86 Daily R1
Support 1 1834.96 Daily S1
Support 2 1829.75 Daily S2

GOLD Indicator Table - 27/01/2021

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 - 27/01/2021

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

GOLD 27/01/2021 - Reference Price : 1841.91

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