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 20/08/2021

Fundamental analysis

20 August, 2021

Gold prices edged higher on Friday and was on course for a second straight week of gains as growing concern over the spread of the Delta variant of the coronavirus and its impact on economic recovery soured risk sentiment. Meanwhile, rival safe haven the dollar held near a more than a nine-month high supported by concerns about the coronavirus and expectations that the U.S. Federal Reserve could start to taper stimulus this year.

Technical analysis

Gold - Usd Dollar Analysis Technical analysis 20/08/2021
Time Frame: 1 hour

GOLD Support & Resistance Table - 20/08/2021

Support & Resistance Level Explanation
Resistance 2 1797.13 Daily R2
Resistance 1 1791.32 Daily R1
Support 1 1775.84 Daily S1
Support 2 1770.03 Daily S2

GOLD Indicator Table - 20/08/2021

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

GOLD Indicator / Period Table - 20/08/2021

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

GOLD 20/08/2021 - Reference Price : 1783.58

Buy
Simple Moving AverageBuy (3)Sell (0)
Technical Indicators - OscillatorsBuy (2)Sell (0)
Share It With Your Network
GOLD Chart
Update Time: -
Highest
Lowest
1M 5M H D W
Prices are loading..
Ready for trading?Start Now