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 17/03/2022

Fundamental analysis

17 March, 2022

Gold prices gained on Thursday as the U.S. Federal Reserve raised interest rates as expected, with investors focusing on the Russia-Ukraine peace talks. The U.S. central bank raised interest rates for the first time since 2018 and laid out an aggressive plan to stamp out inflation. Gold is highly sensitive to rising U.S. interest rates, which increase the opportunity cost of holding non-yielding bullion.

Technical analysis

Gold - Usd Dollar Analysis Technical analysis 17/03/2022
Time Frame: 1 hour

GOLD Support & Resistance Table - 17/03/2022

Support & Resistance Level Explanation
Resistance 2 1968.24 Daily R2
Resistance 1 1957.10 Daily R1
Support 1 1927.36 Daily S1
Support 2 1916.22 Daily S2

GOLD Indicator Table - 17/03/2022

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

GOLD Indicator / Period Table - 17/03/2022

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

GOLD 17/03/2022 - Reference Price : 1942.23

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