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. 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 02/10/2025

Fundamental analysis

02 October, 2025

Gold prices are trading in today’s European session above $3870 levels.
Gold climbed above $3,870 per ounce on Thursday, staying near its record high, supported by expectations of Federal Reserve rate cuts and safe-haven demand. The ADP report showed US private-sector employment declined in September, marking the first consecutive monthly drop since 2020 and the largest decrease since March 2023, reinforcing expectations that the Fed may continue cutting interest rates this year.

Technical analysis

Gold - Usd Dollar Analysis Technical analysis 02/10/2025
Time Frame: 1 hour

GOLD Support & Resistance Table - 02/10/2025

Support & Resistance Level Explanation
Resistance 2 3924.00 Daily R2
Resistance 1 3906.43 Daily R1
Support 1 3859.57 Daily S1
Support 2 3842.00 Daily S2

GOLD Indicator Table - 02/10/2025

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 - 02/10/2025

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

GOLD 02/10/2025 - Reference Price : 3881.20

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