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What is Gold CFD? How to Trade Gold CFD With Mitrade Example

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Euro weakens below 1.1400 as Fed rate hike expectations reinforce US Dollar strengthThe EUR/USD pair loses ground to near 1.1380 during the early Asian trading hours on Thursday. The major pair extends its downside as hawkish signals from the US Federal Reserve (Fed) boost the US Dollar (USD) against the Euro (EUR).
Author  FXStreet
3 hours ago
The EUR/USD pair loses ground to near 1.1380 during the early Asian trading hours on Thursday. The major pair extends its downside as hawkish signals from the US Federal Reserve (Fed) boost the US Dollar (USD) against the Euro (EUR).
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Gold Price Forecast: XAU/USD drifts toward $4.300 with bears gaining tractionGold (XAU/USD) retraces Tuesday’s gains on Wednesday and drifts lower, approaching the $4,300 area as the US Dollar Index (DXY) rallies further amid high US Treasury yields.
Author  FXStreet
19 hours ago
Gold (XAU/USD) retraces Tuesday’s gains on Wednesday and drifts lower, approaching the $4,300 area as the US Dollar Index (DXY) rallies further amid high US Treasury yields.
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Bitcoin Cash Surges 30% in Single Day as Catch-Up Rally Explodes, Far Outpacing BTCBitcoin Cash launches catch-up rally, surging 30% in a single day and approaching the $350 mark.On September 23, Bitcoin Cash (BCH) experienced a surge, soaring 30% intraday, far exceedin
Author  TradingKey
20 hours ago
Bitcoin Cash launches catch-up rally, surging 30% in a single day and approaching the $350 mark.On September 23, Bitcoin Cash (BCH) experienced a surge, soaring 30% intraday, far exceedin
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Memory chips surge, Nasdaq notches a second straight record close — why the Dow fell 185 points anywayMicron gained 5%, SanDisk 6.8%, Seagate 4% and Western Digital 3% as the memory complex led the Nasdaq Composite to a second consecutive record close of 27,244.28. But the Dow fell 185 points as JPMorgan, Wells Fargo and Schwab slid more than 3% each — a split tape that says more about positioning than about the economy.
Author  Irene Q.
22 hours ago
Micron gained 5%, SanDisk 6.8%, Seagate 4% and Western Digital 3% as the memory complex led the Nasdaq Composite to a second consecutive record close of 27,244.28. But the Dow fell 185 points as JPMorgan, Wells Fargo and Schwab slid more than 3% each — a split tape that says more about positioning than about the economy.

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Trading Analysis

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GBP/USD

Intraday

Intraday: Expect 1.3213

Our preference

The downside prevails as long as 1.3261 is resistance, with 1.3213 and 1.3199 as targets

13 mins ago

Silver

Intraday

Intraday: Look for 63.22

Our preference

The downside prevails as long as 65.72 is resistance, with 63.22 and 62.56 as targets

13 mins ago

USD/JPY

Intraday

Intraday: Pivotal moment

Our preference

The upside prevails as long as 157.84 is support, with 158.85 and 159.10 as targets

13 mins ago

Gold

Intraday

Intraday: Target 4,230

Our preference

The downside prevails as long as 4,333 is resistance, with 4,230 and 4,203 as targets

13 mins ago

EUR/USD

Intraday

Intraday: 1.1360 expected

Our preference

The downside prevails as long as 1.1402 is resistance, with 1.1360 and 1.1350 as targets

13 mins ago

WTI

Intraday

Intraday: choppy.

Our preference

short positions below 93.80 with targets at 88.70 & 86.60 in extension.

11 mins ago

Bitcoin

Intraday

Intraday: Expect 82,437

Our preference

The downside prevails as long as 85,541 is resistance, with 82,437 and 81,679 as targets

1 hour ago

Ethereum

Intraday

Intraday: Towards 2,603

Our preference

The downside prevails as long as 2,710 is resistance, with 2,603 and 2,577 as targets

1 hour ago

EUR/USD

Intraday

Intraday: Expect 1.1360

Our preference

The downside prevails as long as 1.1402 is resistance, with 1.1360 and 1.1350 as targets

1 hour ago

Gold

Intraday

Intraday: Aim at 4,230

Our preference

The downside prevails as long as 4,333 is resistance, with 4,230 and 4,203 as targets

1 hour ago
Data Source: Trading Central*
Data Source: Trading Central*

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Mitrade's blog section covers a wide range of topics related to CFD trading, Forex, Shares, Commodities, Indices and Cryptocurrencies. It aims to provide useful information such as trading knowledge and market analysis to traders of all levels.
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