CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 71% 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

EU Session Analysis for CFD Instruments 17/06/2022

Fundamental analysis

17 June, 2022

Gold fell on Friday, as a higher dollar and rising U.S. Treasury yields weighed on demand for greenback-priced bullion, and put prices on track for their biggest weekly drop since mid-May. Gold prices have fallen about 1.5% in what has been a volatile week, after starting it near a one-month peak before hitting a four-week low on Tuesday.

Technical analysis

Gold - Usd Dollar Analysis Technical analysis 17/06/2022
Time Frame: 1 hour

GOLD Support & Resistance Table - 17/06/2022

Support & Resistance Level Explanation
Resistance 2 1877.07 Daily R2
Resistance 1 1863.82 Daily R1
Support 1 1828.48 Daily S1
Support 2 1815.23 Daily S2

GOLD Indicator Table - 17/06/2022

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

GOLD Indicator / Period Table - 17/06/2022

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

GOLD 17/06/2022 - Reference Price : 1845.44

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