CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 77% 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. 76% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you can afford to take the high risk of losing your money.

Gold - Usd Dollar Analysis

US Session Analysis for CFD Instruments 26/09/2022

Fundamental analysis

26 September, 2022

Gold prices were pinned near a 2-1/2-year low on Monday, pulled down by a firmer U.S. dollar and as major central banks adopted an aggressive stance on interest rates to tame inflation. Meanwhile, Atlanta Fed President Raphael Bostic said on Sunday he still believes the U.S. central bank can tame inflation without substantial job losses given the economy's continued momentum.

Higher U.S. interest rates dull the zero-yielding bullion's appeal while bolstering the dollar in which gold is priced.

Technical analysis

Gold - Usd Dollar Analysis Technical analysis 26/09/2022
Time Frame: 1 hour

GOLD Support & Resistance Table - 26/09/2022

Support & Resistance Level Explanation
Resistance 2 1659.30 Daily R2
Resistance 1 1651.03 Daily R1
Support 1 1628.97 Daily S1
Support 2 1620.70 Daily S2

GOLD Indicator Table - 26/09/2022

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

GOLD Indicator / Period Table - 26/09/2022

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

GOLD 26/09/2022 - Reference Price : 1639.98

Sell
Simple Moving AverageBuy (0)Sell (3)
Technical Indicators - OscillatorsBuy (1)Sell (2)
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