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

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RBA set to hike interest rate to 4.60% in September as inflation remains elevatedThe Reserve Bank of Australia (RBA) is widely expected to raise the Official Cash Rate (OCR) by 25 basis points (bps) to 4.60% from 4.35% on Tuesday, after keeping rates unchanged at its previous two meetings
Author  FXStreet
1 hour ago
The Reserve Bank of Australia (RBA) is widely expected to raise the Official Cash Rate (OCR) by 25 basis points (bps) to 4.60% from 4.35% on Tuesday, after keeping rates unchanged at its previous two meetings
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Silver Price Forecast: XAG/USD falls like house of cards on Fed’s hawkish narrativeSilver price (XAG/USD) is down 4.3% to near $61.50 during the European trading session on Monday. The white metal nosedives as elevated United States (US) Treasury Yields have diminished its appeal.
Author  FXStreet
18 hours ago
Silver price (XAG/USD) is down 4.3% to near $61.50 during the European trading session on Monday. The white metal nosedives as elevated United States (US) Treasury Yields have diminished its appeal.
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Gold Falls Below $4,200 in Single-Day Drop of Over $100: Why Are Gold Prices Plunging? As of the Asian session on September 28, international gold prices continued their recent weakness, with spot gold (XAUUSD) falling below $4,200 intraday to a low of $4,179.42, down over
Author  TradingKey
18 hours ago
As of the Asian session on September 28, international gold prices continued their recent weakness, with spot gold (XAUUSD) falling below $4,200 intraday to a low of $4,179.42, down over
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Four jobs reports in five days: what JOLTS, ADP, claims and the September payrolls mean for the October Fed decisionThe US labour market faces its densest data week of the month. JOLTS job openings land Tuesday (7.2 million expected), ADP on Wednesday (70,000 expected), initial claims on Thursday and the September non-farm payrolls on Friday (100,000 expected, down from 162,000). Markets price a 64%-70% chance of another quarter-point Fed hike on October 28. The dollar index sits at 100.77 and the S&P 500 at 7,729.8.
Author  Mitrade
20 hours ago
The US labour market faces its densest data week of the month. JOLTS job openings land Tuesday (7.2 million expected), ADP on Wednesday (70,000 expected), initial claims on Thursday and the September non-farm payrolls on Friday (100,000 expected, down from 162,000). Markets price a 64%-70% chance of another quarter-point Fed hike on October 28. The dollar index sits at 100.77 and the S&P 500 at 7,729.8.

Daily Ranking

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Trading Analysis

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Crypto

WTI

Intraday

Intraday: key resistance at 94.30.

Our preference

short positions below 94.30 with targets at 92.00 & 91.25 in extension.

24 mins ago

WTI

Intraday

Intraday: caution.

Our preference

short positions below 94.30 with targets at 91.25 & 90.30 in extension.

1 hour ago

Ethereum

Intraday

Intraday: Expect 2,598

Our preference

The downside prevails as long as 2,712 is resistance, with 2,598 and 2,572 as targets

1 hour ago

Gold

Intraday

Intraday: Watching for a Trigger Below Support

Our preference

The downside prevails as long as 4,200 is resistance, with 4,106 and 4,081 as targets

1 hour ago

EUR/USD

Intraday

Intraday: Critical support closing in

Our preference

The downside prevails as long as 1.1396 is resistance, with 1.1354 and 1.1343 as targets

1 hour ago

USD/JPY

Intraday

Intraday: Risk escalating

Our preference

The downside prevails as long as 157.58 is resistance, with 156.00 and 155.74 as targets

1 hour ago

Bitcoin

Intraday

Intraday: Rebound or deeper decline ahead?

Our preference

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

1 hour ago

Silver

Intraday

Intraday: 59.78 expected

Our preference

The downside prevails as long as 62.31 is resistance, with 59.78 and 59.14 as targets

1 hour ago

GBP/USD

Intraday

Intraday: Pivot threshold in sight

Our preference

The upside prevails as long as 1.3241 is support, with 1.3305 and 1.3320 as targets

1 hour ago

Ethereum

Intraday

Intraday: Pivot threshold in sight

Our preference

The downside prevails as long as 2,712 is resistance, with 2,598 and 2,572 as targets

3 hours 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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