| Positions | Today | Yesterday | Change |
|---|---|---|---|
| Longs | 47% | 46% | 2.3% |
| Shorts | 53% | 54% | -2.1% |
| 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 | ⇘ | ⇗ | ⇗ |
On Tuesday, the XAU/USD exchange rate tumbled to the 1,550.00 level. During today's morning, the rate re-tested the given level.
On the one hand, it is likely that yellow metal could depreciate against the US Dollar in the short term. Note that the nearest support level—the monthly S1, locates only at 1,543.44.
On the other hand, the price for gold could go upwards within the following trading session. It is unlikely that the rate could exceed the 1,570.00 area due to the resistance formed by the 55-, 100– and 200-hour SMAs, as well the monthly PP.