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71% of retail investor accounts lose money when trading CFDs with this provider.
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.
70.91% of retail investor accounts lose money when trading CFDs with this provider.
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.
US Session Analysis for CFD Instruments 14/05/2024
Fundamental analysis
14 May, 2024
Gold prices are trading in today’s European session above 2340 levels.
Gold prices rebounded on Tuesday despite the steady US Dollar.
However, the metal's upward trajectory may face limitations as traders remain cautious ahead of significant US inflation data scheduled for later this week. Recent emphasis on potential hikes in US interest rates has exerted downward pressure on gold.
Nonetheless, heightened tensions in the Middle East could temporarily bolster demand for safe-haven assets, potentially supporting gold prices.