| Positions | Today | Yesterday | Change |
|---|---|---|---|
| Longs | 46% | 50% | -9.8% |
| Shorts | 54% | 50% | 8.2% |
| Indicator | 4H | 1D | 1W |
| MACD(12;26;9) | Buy | Buy | Buy |
| RSI(14) | Sell | Sell | Neutral |
| Stochastic(5;3;3) | Neutral | Sell | Neutral |
| Alligator(13;8;5) | Buy | Buy | Buy |
| SAR(0.02;0.2) | Buy | Buy | Buy |
| Aggregate | ⇗ | ⇒ | ⇗ |
On Friday, the XAU/USD exchange rate consolidated in the 1,510.00 area. During today's morning, the rate maintained its consolidation.
Note that yellow metal is supported by the 55-hour moving average, currently located at 1,510.60. Thus, it is likely that some upside potential could prevail in the market.
On the other hand, the exchange rate could maintain its consolidation within the following trading session. Also, it is unlikely that bears could prevail, and the price for gold could drop lower than the 100-hour SMA at 1,500.85.