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 23/01/2025

Fundamental analysis

23 January, 2025

Gold prices are trading in today’s Asian session below 2760 levels.

Gold prices eased slightly on Thursday from a near three-month peak hit in the previous session, as the dollar regained strength, while investors awaited further direction from U.S. President Donald Trump's administration regarding trade policies.

Technical analysis

Gold - Usd Dollar Analysis Technical analysis 23/01/2025
Time Frame: 1 hour

GOLD Support & Resistance Table - 23/01/2025

Support & Resistance Level Explanation
Resistance 2 2773.62 Daily R2
Resistance 1 2765.10 Daily R1
Support 1 2742.38 Daily S1
Support 2 2733.86 Daily S2

GOLD Indicator Table - 23/01/2025

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 - 23/01/2025

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

GOLD 23/01/2025 - Reference Price : 2753.74

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