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 18/02/2021

Fundamental analysis

18 February, 2021

Gold prices rebounded from a 2-1/2-month low on Thursday, as the non-yielding precious metal found support from easing U.S. Treasury yields and a weaker U.S. Dollar. Benchmark 10-year Treasury yields pulled back from their highest since end-February 2020 hit on Wednesday, reducing non-interest bearing bullion's opportunity cost. The U.S. dollar also retreated, bolstering gold's appeal to other currency holders.

Technical analysis

Gold - Usd Dollar Analysis Technical analysis 18/02/2021
Time Frame: 1 hour

GOLD Support & Resistance Table - 18/02/2021

Support & Resistance Level Explanation
Resistance 2 1799.90 Daily R2
Resistance 1 1793.79 Daily R1
Support 1 1777.49 Daily S1
Support 2 1771.38 Daily S2

GOLD Indicator Table - 18/02/2021

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

GOLD Indicator / Period Table - 18/02/2021

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

GOLD 18/02/2021 - Reference Price : 1785.64

Sell
Simple Moving AverageBuy (0)Sell (3)
Technical Indicators - OscillatorsBuy (1)Sell (2)
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