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 13/12/2024

Fundamental analysis

13 December, 2024

Gold prices are trading in today’s European session below 2700 levels.

Gold prices continue to trend downward in today's European session, following higher-than-expected PPI inflation data from the U.S. yesterday. However, markets anticipate that the Federal Reserve will cut its interest rate by 25 basis points on December 18, which could support gold prices. Later today (13:30 GMT), the release of November's U.S. Price Index data is expected to increase market volatility.

Technical analysis

Gold - Usd Dollar Analysis Technical analysis 13/12/2024
Time Frame: 1 hour

GOLD Support & Resistance Table - 13/12/2024

Support & Resistance Level Explanation
Resistance 2 2695.58 Daily R2
Resistance 1 2682.47 Daily R1
Support 1 2647.53 Daily S1
Support 2 2634.42 Daily S2

GOLD Indicator Table - 13/12/2024

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

GOLD Indicator / Period Table - 13/12/2024

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

GOLD 13/12/2024 - Reference Price : 2665.34

Sell
Simple Moving AverageBuy (2)Sell (1)
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