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 05/09/2022

Fundamental analysis

05 September, 2022

Gold price is up 0.06% this morning to trade around 1723.7. Gold’s rebound after the U.S. Labor Department reported a slightly higher-than-expected unemployment rate for August in its non-farm payrolls report, despite citing more new jobs for the month than forecast by economists.

Technical analysis

Gold - Usd Dollar Analysis Technical analysis 05/09/2022
Time Frame: 1 hour

GOLD Support & Resistance Table - 05/09/2022

Support & Resistance Level Explanation
Resistance 2 1727.46 Daily R2
Resistance 1 1721.02 Daily R1
Support 1 1703.84 Daily S1
Support 2 1697.40 Daily S2

GOLD Indicator Table - 05/09/2022

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

GOLD Indicator / Period Table - 05/09/2022

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

GOLD 05/09/2022 - Reference Price : 1710.23

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