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 18/03/2021

Fundamental analysis

18 March, 2021

Gold prices reversed course on Thursday, dropping from a more than two-week high as bullion's appeal was tarnished by climbing U.S. Treasury yields and a firmer dollar. The benchmark U.S. 10-year Treasury yield rose to 1.74% for the first time since January 2020, helping to lift the dollar from a two-week low. Higher Treasury bond yields raise the opportunity cost of holding bullion, which pays no interest.

Technical analysis

Gold - Usd Dollar Analysis Technical analysis 18/03/2021
Time Frame: 1 hour

GOLD Support & Resistance Table - 18/03/2021

Support & Resistance Level Explanation
Resistance 2 1746.33 Daily R2
Resistance 1 1739.95 Daily R1
Support 1 1722.93 Daily S1
Support 2 1716.55 Daily S2

GOLD Indicator Table - 18/03/2021

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

GOLD Indicator / Period Table - 18/03/2021

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

GOLD 18/03/2021 - Reference Price : 1731.44

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