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

EU Session Analysis for CFD Instruments 11/02/2022

Fundamental analysis

11 February, 2022

Gold prices were steady on Friday, as bullion's appeal as an inflation hedge was partially capped by hawkish comments from a U.S. Federal Reserve official that ramped up odds for a hefty interest rate hike next month and also lifted Treasury yields.

Technical analysis

Gold - Usd Dollar Analysis Technical analysis 11/02/2022
Time Frame: 1 hour

GOLD Support & Resistance Table - 11/02/2022

Support & Resistance Level Explanation
Resistance 2 1834.60 Daily R2
Resistance 1 1829.62 Daily R1
Support 1 1816.36 Daily S1
Support 2 1811.38 Daily S2

GOLD Indicator Table - 11/02/2022

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

GOLD Indicator / Period Table - 11/02/2022

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

GOLD 11/02/2022 - Reference Price : 1822.99

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