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. 70.41% 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 13/10/2023

Fundamental analysis

13 October, 2023

Gold spot price is trading lower today at 1877.3
Gold price witnessed an intraday turnaround from the $1,885 region, or over a two-week high and settled near the lower end of its daily range on Thursday. Consumer prices in the United States rose more than expected in September and lifted expectations that the Federal Reserve will keep interest rates higher for longer.

Technical analysis

Gold - Usd Dollar Analysis Technical analysis 13/10/2023
Time Frame: 1 hour

GOLD Support & Resistance Table - 13/10/2023

Support & Resistance Level Explanation
Resistance 2 1889.80 Daily R2
Resistance 1 1884.32 Daily R1
Support 1 1869.68 Daily S1
Support 2 1864.20 Daily S2

GOLD Indicator Table - 13/10/2023

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 - 13/10/2023

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

GOLD 13/10/2023 - Reference Price : 1876.64

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