CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 69% 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. 67.52% 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 06/05/2022

Fundamental analysis

06 May, 2022

Gold prices were subdued on Friday and looked set for a third straight weekly loss as the U.S. dollar and Treasury yields rallied on a hawkish U.S. Federal Reserve stance, with investors awaiting U.S. jobs data due later in the day. The dollar was headed for a fifth winning week as benchmark U.S. Treasury yields held near their highest levels since November 2018.

Technical analysis

Gold - Usd Dollar Analysis Technical analysis 06/05/2022
Time Frame: 1 hour

GOLD Support & Resistance Table - 06/05/2022

Support & Resistance Level Explanation
Resistance 2 1905.38 Daily R2
Resistance 1 1895.37 Daily R1
Support 1 1868.65 Daily S1
Support 2 1858.64 Daily S2

GOLD Indicator Table - 06/05/2022

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

GOLD Indicator / Period Table - 06/05/2022

Indicator / Period Day - BuyWeek - SellMonth - Buy
MACD( 12;26;9) Neutral SellBuy
RSI (14) Buy SellBuy
SMA 20 Buy SellNeutral

GOLD 06/05/2022 - Reference Price : 1882.01

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