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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.

GOLD_, Daily: Gold price was traded lower following the prior retracement from the resistance level at 1983.25. MACD which illustrated diminishing bullish momentum suggests the commodity extended its losses towards the support level at 1965.60.

 

Resistance level: 1983.25, 2002.30

Support level: 1965.60, 1946.60