CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 67% 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. 75% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you can afford to take the high risk of losing your money.

Gold - Usd Dollar Analysis

US Session Analysis for CFD Instruments 02/06/2023

Fundamental analysis

02 June, 2023

Gold was set on Friday for its biggest weekly gain in nearly two months, as hopes for a pause in the Federal Reserve’s tightening campaign bolstered bullion’s appeal amid progress on the U.S. debt-ceiling deal.

Technical analysis

Gold - Usd Dollar Analysis Technical analysis 02/06/2023
Time Frame: 1 hour

GOLD Support & Resistance Table - 02/06/2023

Support & Resistance Level Explanation
Resistance 2 1996.03 Daily R2
Resistance 1 1989.24 Daily R1
Support 1 1971.12 Daily S1
Support 2 1964.33 Daily S2

GOLD Indicator Table - 02/06/2023

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 - 02/06/2023

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

GOLD 02/06/2023 - Reference Price : 1980.18

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