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CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 83% 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.

050220 GOLD_

by | Feb 5, 2020 | GOLD | 0 comments

GOLD_, H1: Gold price was traded higher following prior rebound from the support level at 1551.10. MACD which illustrate diminishing bearish momentum signal suggests its price to be traded higher toward the next resistance level.

 

Resistance level: 1564.15, 1571.35

Support level: 1551.10, 1544.90