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 29/11/2021

Fundamental analysis

29 November, 2021

Gold prices edged higher on Monday as concerns over the impact of the Omicron coronavirus variant offset a stronger dollar, with investors assessing whether the emergence of the variant could change the U.S. Federal Reserve's hawkish stance. Reduced stimulus and interest rate hikes tend to push government bond yields up, raising the opportunity cost of gold, which pays no interest.

Technical analysis

Gold - Usd Dollar Analysis Technical analysis 29/11/2021
Time Frame: 1 hour

GOLD Support & Resistance Table - 29/11/2021

Support & Resistance Level Explanation
Resistance 2 1813.35 Daily R2
Resistance 1 1805.13 Daily R1
Support 1 1783.23 Daily S1
Support 2 1775.01 Daily S2

GOLD Indicator Table - 29/11/2021

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

GOLD Indicator / Period Table - 29/11/2021

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

GOLD 29/11/2021 - Reference Price : 1794.18

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