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 16/05/2025

Fundamental analysis

16 May, 2025

Gold prices are trading in today’s Asian session below 3300 levels.
Gold prices dropped on Friday and were poised for their steepest weekly decline in six months, as a stronger dollar and waning trade war concerns dampened its appeal as a safe-haven asset.

Technical analysis

Gold - Usd Dollar Analysis Technical analysis 16/05/2025
Time Frame: 1 hour

GOLD Support & Resistance Table - 16/05/2025

Support & Resistance Level Explanation
Resistance 2 3287.30 Daily R2
Resistance 1 3258.36 Daily R1
Support 1 3181.20 Daily S1
Support 2 3152.26 Daily S2

GOLD Indicator Table - 16/05/2025

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

GOLD Indicator / Period Table - 16/05/2025

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

GOLD 16/05/2025 - Reference Price : 3219.78

Sell
Simple Moving AverageBuy (0)Sell (2)
Technical Indicators - OscillatorsBuy (1)Sell (2)
Share It With Your Network
GOLD Chart
Update Time: -
Highest
Lowest
1M 5M H D W
Prices are loading..
Ready for trading?Start Now