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

EU Session Analysis for CFD Instruments 17/01/2022

Fundamental analysis

17 January, 2022

Gold prices held steady on Monday as market participants gauged the global economic policy outlook, with inflationary hedge demand countering hawkish comments from U.S. Federal Reserve officials that kept the dollar and Treasury yields supported. Traders are now awaiting speeches from Fed officials this week ahead of the Jan. 25-26 policy meeting, but there have been more than enough hawkish comments to see the market almost fully price in a first interest rate hike for March and rates of 1.0% by the year-end.

Technical analysis

Gold - Usd Dollar Analysis Technical analysis 17/01/2022
Time Frame: 1 hour

GOLD Support & Resistance Table - 17/01/2022

Support & Resistance Level Explanation
Resistance 2 1829.85 Daily R2
Resistance 1 1825.15 Daily R1
Support 1 1812.61 Daily S1
Support 2 1807.91 Daily S2

GOLD Indicator Table - 17/01/2022

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

GOLD Indicator / Period Table - 17/01/2022

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

GOLD 17/01/2022 - Reference Price : 1818.88

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