| Positions | Today | Yesterday | Change |
|---|---|---|---|
| Longs | 31% | 30% | 5.9% |
| Shorts | 69% | 71% | -2.7% |
| Indicator | 4H | 1D | 1W |
| MACD(12;26;9) | Sell | Buy | Buy |
| RSI(14) | Neutral | Neutral | Sell |
| Stochastic(5;3;3) | Neutral | Neutral | Neutral |
| Alligator(13;8;5) | Sell | Buy | Buy |
| SAR(0.02;0.2) | Sell | Buy | Buy |
| Aggregate | ⇘ | ⇗ | ⇗ |
Yesterday, the XAU/USD exchange rate tried to breach the short-term ascending channel south. During today's morning, the rate was testing the resistance of the 100-hour SMA at 1,426.59.
From a theoretical point of view, it is expected, that a reversal north should occur in the nearest future. Also, note, that the rate is supported by the 55– and 200-hour SMAs, currently located circa 1,420.00.
On the other hand, if the given moving averages hold, it is likely, that gold could maintain its consolidation against the US Dollar.