Gold waits near 2,030.00

Note: This section contains information in English only.
Source: Dukascopy Bank SA


The price for gold remains near 2,030.00, as markets wait for the publication of the US Consumer Price Index on Thursday at 13:30 GMT. Meanwhile, resistance is at 2,040.00, support is at 2,025.00 and the 50 and 100-hour simple moving averages fail to impact the price.

A surge of the commodity price is set to face the 2,050.00 level and the zone that is marked around it. Meanwhile, note the descending 200-hour simple moving average. Higher above, the 2,060.00 level might act as resistance, before the price reaches the high level zone near 2,075.00.

In the case of a decline of the metal's price, the 2,020.00 and 2,010.00 levels are set to act as support. All of them have shown to be capable of impacting the price. It is clear that gold traders set their orders around round levels.
Back to articles

Actual Topics

Fri, 12 Jan 2024 11:39:50 GMT

EUR/USD remains below 1.1000

During the volatility caused by the US Consumer Price Index, the EUR/USD encountered resistance in the 1.1000 mark, which kept the rate down. On Friday, prior to the PPI publication, the rate had returned to trade near 1.0950. An extension of the decline of the Euro against the USD could look for support in Thursday's low at 1.0930, before approaching

Wed, 10 Jan 2024 14:04:56 GMT

USD/JPY is back above 145.00

The support of the 143.50 level appears to have been enough to cause a move above 144.30/145.00. It appears that it occurred due to the additional support of the 50 and 100-hour simple moving averages. However, it could be that the pair trades near the 145.00 mark, as technical levels have become irrelevant due to the approaching US Consumer

Subscribe to "Fundamental Analysis" feed

Suscribir
Para conocer más sobre la plataforma de Trading de CFD y Forex de Dukascopy Bank, SWFX y otras informaciones relacionadas con el Trading,
llámenos o haga una solicitud de devolución de llamada.
Para obtener más información sobre la posible cooperación, por favor llámenos o haga una solicitud de devolución de llamada.
Para obtener más información sobre las opciones binarias de Dukascopy Bank / La plataforma de operaciones de Forex, SWFX y otra información relacionada con el Trading, por favor llámenos o solicite una devolución de llamada.
Para conocer más sobre la plataforma de Trading de CFD y Forex de Dukascopy Bank, SWFX y otras informaciones relacionadas con el Trading,
llámenos o haga una solicitud de devolución de llamada.
Para obtener más información acerca de la plataforma de operaciones Crypto Trading / CFD / Forex, SWFX y otra información relacionada con el comercio,
llámenos o realice una solicitud de devolución de llamada.
Para obtener más información sobre Business Introducer y otra información relacionada con el comercio,
llámenos o realice una solicitud de devolución de llamada.
Para obtener más información sobre la posible cooperación, por favor llámenos o haga una solicitud de devolución de llamada.