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 25/11/2024

Fundamental analysis

25 November, 2024

Gold prices are trading in today’s European session above 2670 levels.

Gold prices declined as much as 2% on Monday as investors booked profits following a five-session rally to a three-week high, while the announcement of fund manager Scott Bessent as the new U.S. Treasury Secretary peaked the interest of traders.

Technical analysis

Gold - Usd Dollar Analysis Technical analysis 25/11/2024
Time Frame: 1 hour

GOLD Support & Resistance Table - 25/11/2024

Support & Resistance Level Explanation
Resistance 2 2707.50 Daily R2
Resistance 1 2696.61 Daily R1
Support 1 2667.59 Daily S1
Support 2 2656.70 Daily S2

GOLD Indicator Table - 25/11/2024

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

GOLD Indicator / Period Table - 25/11/2024

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

GOLD 25/11/2024 - Reference Price : 2682.10

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