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 15/12/2021

Fundamental analysis

15 December, 2021

Gold prices stabilised near a two-week low on Wednesday, as investors await the U.S. Federal Reserve's decision on the pace at which the central bank plans to taper its pandemic stimulus measures. The Fed is expected to announce that it is speeding up the end of its pandemic-era bond purchases and signal a turn to interest rate increases next year as a guard against surging inflation. Reduced stimulus and interest rate hikes tend to push government bond yields up, raising the opportunity cost of holding bullion, which bears no interest.

Technical analysis

Gold - Usd Dollar Analysis Technical analysis 15/12/2021
Time Frame: 1 hour

GOLD Support & Resistance Table - 15/12/2021

Support & Resistance Level Explanation
Resistance 2 1779.97 Daily R2
Resistance 1 1775.16 Daily R1
Support 1 1762.36 Daily S1
Support 2 1757.55 Daily S2

GOLD Indicator Table - 15/12/2021

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

GOLD Indicator / Period Table - 15/12/2021

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

GOLD 15/12/2021 - Reference Price : 1768.76

Sell
Simple Moving AverageBuy (0)Sell (3)
Technical Indicators - OscillatorsBuy (0)Sell (3)
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