Throughout most of the European trading day, the price of gold fell further against the dollar. Minutes of the last meeting of the US Federal Reserve showed the day before yesterday that the US Federal Reserve will most likely slowly start tightening the monetary policy, which pushed gold upwards at first. However, the 10-year U.S. bonds yields have risen by 1.6% and that is not good news for gold. At around 14:00, the price of gold is trading at 1788 dollars per fine ounce, which represents a decline of 0,09%. At 2:30 p.m., U.S. retail data for September will be released.
Gold - Usd Dollar Analysis
US Session Analysis for CFD Instruments 15/10/2021
Technical analysis
Time Frame: 1 hour
GOLD Support & Resistance Table - 15/10/2021
Support & Resistance | Level | Explanation |
Resistance 2 | 1797.49 | Daily R2 |
Resistance 1 | 1790.89 | Daily R1 |
Support 1 | 1773.29 | Daily S1 |
Support 2 | 1766.69 | Daily S2 |
GOLD Indicator Table - 15/10/2021
Indicator | Signal |
SMA 20 | Buy |
SMA 50 | Buy |
SMA 100 | Buy |
MACD( 12;26;9) | Buy |
RSI (14) | Buy |
Stochastic ( 9;6;3) | Sell |
GOLD Indicator / Period Table - 15/10/2021
Indicator / Period | Day - Buy | Week - Buy | Month - Sell |
MACD( 12;26;9) | Buy | Neutral | Sell |
RSI (14) | Buy | Buy | Sell |
SMA 20 | Buy | Buy | Sell |
GOLD 15/10/2021 - Reference Price : 1782.09
Buy |
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