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 22/04/2021

Fundamental analysis

22 April, 2021

Gold prices steadied near a two-month high on Thursday, very close to the key $1,800 threshold as the U.S. dollar faltered with easing Treasury yields. The benchmark 10-year U.S. Treasury yield was pinned below 1.6%, reducing the opportunity cost of holding non-yielding bullion. The dollar index traded near multi-week lows against most major currencies

Technical analysis

Gold - Usd Dollar Analysis Technical analysis 22/04/2021
Time Frame: 1 hour

GOLD Support & Resistance Table - 22/04/2021

Support & Resistance Level Explanation
Resistance 2 1802.95 Daily R2
Resistance 1 1795.67 Daily R1
Support 1 1776.25 Daily S1
Support 2 1768.97 Daily S2

GOLD Indicator Table - 22/04/2021

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

GOLD Indicator / Period Table - 22/04/2021

Indicator / Period Day - BuyWeek - BuyMonth - Sell
MACD( 12;26;9) Buy BuySell
RSI (14) Buy BuySell
SMA 20 Buy BuySell

GOLD 22/04/2021 - Reference Price : 1785.96

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