CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 70% 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. 70.41% 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 24/10/2023

Fundamental analysis

24 October, 2023

Gold spot price is trading lower today at 1965

Gold prices took a tumble in European trading as US yields eased a bit and as markets await US PMI data set to be released today.

Technical analysis

Gold - Usd Dollar Analysis Technical analysis 24/10/2023
Time Frame: 1 hour

GOLD Support & Resistance Table - 24/10/2023

Support & Resistance Level Explanation
Resistance 2 1983.97 Daily R2
Resistance 1 1975.58 Daily R1
Support 1 1953.20 Daily S1
Support 2 1944.81 Daily S2

GOLD Indicator Table - 24/10/2023

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

GOLD Indicator / Period Table - 24/10/2023

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

GOLD 24/10/2023 - Reference Price : 1964.39

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