| Positions | Today | Yesterday | Change |
|---|---|---|---|
| Longs | 44% | 42% | 3.1% |
| Shorts | 56% | 58% | -2.4% |
| Indicator | 4H | 1D | 1W |
| MACD(12;26;9) | Buy | Buy | Buy |
| RSI(14) | Sell | Sell | Neutral |
| Stochastic(5;3;3) | Neutral | Neutral | Sell |
| Alligator(13;8;5) | Buy | Buy | Buy |
| SAR(0.02;0.2) | Sell | Buy | Buy |
| Aggregate | ⇒ | ⇗ | ⇗ |
Yesterday, the XAU/USD exchange rate reversed south from the 1,580.00 level. During Tuesday morning, the rate traded at the 1,560.00 mark.
Note that yellow metal is supported by the 55-hour moving average, currently located at 1,560.74.Thus, it is likely that some upside potential could prevail in the market. In this case the rate could re-test the 1,580.00 level.
However, note that the exchange rate has to surpass the monthly R2 at 1,570.61. If the given level holds, it is likely that a reversal south could occur in the nearest future. In this case the price for golds could gain support of the monthly R1 and the 100-hour SMA at 1,544.31.