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66% of retail investor accounts lose money when trading CFDs with this provider.
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.
70.91% of retail investor accounts lose money when trading CFDs with this provider.
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.
US Session Analysis for CFD Instruments 06/08/2024
Fundamental analysis
06 August, 2024
Gold prices are trading in today’s European session above 2410.00 levels.
Gold prices climbed on Tuesday and analysts noted that the non-yielding metal's outlook remains positive as latest commentary from Federal Reserve officials and data point towards bigger U.S. interest rate cuts. Traders now see a 78% chance of 50 bps cut in September versus over 10% last week. Bullion is considered a safe asset amid geopolitical and economic uncertainties and is supported in a low interest rate environment.
