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 01/10/2021

Fundamental analysis

01 October, 2021

Gold prices steadied above the key $1,750 level on Friday, drawing support from a dip in U.S bond yields, though a resilient dollar still pressured the safe-haven metal. U.S. gold futures were flat at $1,756.40 per ounce. The dollar began the last quarter of 2021 at close to its highest level of the year, raising the cost of purchasing gold for holders in other currencies. Sentiment was, however, supported by a dip in U.S. 10 year benchmark Treasury yields.

Technical analysis

Gold - Usd Dollar Analysis Technical analysis 01/10/2021
Time Frame: 1 hour

GOLD Support & Resistance Table - 01/10/2021

Support & Resistance Level Explanation
Resistance 2 1770.85 Daily R2
Resistance 1 1763.35 Daily R1
Support 1 1743.33 Daily S1
Support 2 1735.83 Daily S2

GOLD Indicator Table - 01/10/2021

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

GOLD Indicator / Period Table - 01/10/2021

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

GOLD 01/10/2021 - Reference Price : 1753.34

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