CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 66% 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. 73.43% 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

US Session Analysis for CFD Instruments 22/01/2021

Fundamental analysis

22 January, 2021

Gold prices fell on Friday as U.S. Treasury yields and the dollar held firm, although expectations of a big U.S. fiscal stimulus kept bullion on course for its biggest weekly gain in five. enchmark 10-year U.S. Treasury yields held firm above 1%, helping the dollar gain. For the week, gold has gained 1.5% - the most since the week ended Dec. 18, as investors remained hopeful about the passage of U.S. President Joe Biden's $1.9 trillion stimulus plan.

Technical analysis

Gold - Usd Dollar Analysis Technical analysis 22/01/2021
Time Frame: 1 hour

GOLD Support & Resistance Table - 22/01/2021

Support & Resistance Level Explanation
Resistance 2 1868.82 Daily R2
Resistance 1 1861.20 Daily R1
Support 1 1840.90 Daily S1
Support 2 1833.28 Daily S2

GOLD Indicator Table - 22/01/2021

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

GOLD Indicator / Period Table - 22/01/2021

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

GOLD 22/01/2021 - Reference Price : 1851.05

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