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. 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

US Session Analysis for CFD Instruments 24/10/2022

Fundamental analysis

24 October, 2022

Gold prices were steady on Monday, having risen 1.8% in the previous session, as hopes that the U.S. Federal Reserve will adopt a less aggressive policy stance later in the year countered pressure from a firmer dollar.

Technical analysis

Gold - Usd Dollar Analysis Technical analysis 24/10/2022
Time Frame: 1 hour

GOLD Support & Resistance Table - 24/10/2022

Support & Resistance Level Explanation
Resistance 2 1664.98 Daily R2
Resistance 1 1657.79 Daily R1
Support 1 1638.61 Daily S1
Support 2 1631.42 Daily S2

GOLD Indicator Table - 24/10/2022

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

GOLD Indicator / Period Table - 24/10/2022

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

GOLD 24/10/2022 - Reference Price : 1648.14

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