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 21/02/2022

Fundamental analysis

21 February, 2022

Gold prices fell from a more than eight-month high hit earlier on Monday, as safe-haven demand eased after the U.S. president agreed to meet his Russian counterpart over the Ukraine crisis. U.S. President Joe Biden has accepted in principle a summit with Russia's Vladimir Putin over the Ukraine crisis after the two countries' foreign ministers meet next week and if an invasion has not occurred, the White House said on Sunday. Russia will extend military drills in Belarus that were due to end on Sunday, the Belarusian defence ministry announced, adding to mounting tensions as satellite images appeared to show new deployments of Russian armour and troops close to Ukraine.

Technical analysis

Gold - Usd Dollar Analysis Technical analysis 21/02/2022
Time Frame: 1 hour

GOLD Support & Resistance Table - 21/02/2022

Support & Resistance Level Explanation
Resistance 2 1907.82 Daily R2
Resistance 1 1900.00 Daily R1
Support 1 1879.19 Daily S1
Support 2 1871.38 Daily S2

GOLD Indicator Table - 21/02/2022

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

GOLD Indicator / Period Table - 21/02/2022

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

GOLD 21/02/2022 - Reference Price : 1889.71

Buy
Simple Moving AverageBuy (3)Sell (0)
Technical Indicators - OscillatorsBuy (1)Sell (2)
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