CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 70% 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. 70.41% 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 06/10/2021

Fundamental analysis

06 October, 2021

Gold prices extended losses on Wednesday hurt by a jump in the dollar and U.S. Treasury yields ahead of U.S. non-farm payrolls data. The dollar rose towards its 2021 highs, denting gold’s appeal for those holding other currencies, and the benchmark U.S. 10-year Treasury yield hit its highest level since June.

Technical analysis

Gold - Usd Dollar Analysis Technical analysis 06/10/2021
Time Frame: 1 hour

GOLD Support & Resistance Table - 06/10/2021

Support & Resistance Level Explanation
Resistance 2 1767.29 Daily R2
Resistance 1 1759.93 Daily R1
Support 1 1740.27 Daily S1
Support 2 1732.91 Daily S2

GOLD Indicator Table - 06/10/2021

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

GOLD Indicator / Period Table - 06/10/2021

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

GOLD 06/10/2021 - Reference Price : 1750.10

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