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 28/02/2022

Fundamental analysis

28 February, 2022

Gold firmed on Monday en route to its best month in nine on strong safe-haven demand due to the Ukraine crisis. Spot gold rose 0.7% to $1,900.80/oz, after gaining as much as 2.2% earlier in the session. US gold futures advanced 0.7% to $1,901.60. Gold has risen about 6% so far in February in what would be its best monthly gain since May 2021.

Technical analysis

Gold - Usd Dollar Analysis Technical analysis 28/02/2022
Time Frame: 1 hour

GOLD Support & Resistance Table - 28/02/2022

Support & Resistance Level Explanation
Resistance 2 1937.37 Daily R2
Resistance 1 1925.08 Daily R1
Support 1 1892.32 Daily S1
Support 2 1880.04 Daily S2

GOLD Indicator Table - 28/02/2022

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

GOLD Indicator / Period Table - 28/02/2022

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

GOLD 28/02/2022 - Reference Price : 1908.70

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