| Positions | Today | Yesterday | Change |
|---|---|---|---|
| Longs | 47% | 47% | 0.6% |
| Shorts | 53% | 53% | -0.6% |
| Indicator | 4H | 1D | 1W |
| MACD(12;26;9) | Buy | Buy | Buy |
| RSI(14) | Neutral | Neutral | Neutral |
| Stochastic(5;3;3) | Neutral | Neutral | Neutral |
| Alligator(13;8;5) | Buy | Buy | Buy |
| SAR(0.02;0.2) | Buy | Sell | Buy |
| Aggregate | ⇗ | ⇒ | ⇗ |
On Friday, the XAU/USD exchange rate tried to surpass the monthly PP at 1,573.09. During today's morning, the rate continued to test the given level.
Note that yellow metal is supported by the 200-hour moving average in the 1,570.00 area. Thus, some upside potential could prevail in the market, and the price for gold could exceed the 1,580.00 level.
However, if the given resistance level holds, it is likely that a reversal south could occur in the nearest future. In this case the rate could decline below the 1,565.00 mark due to support provided by the 55– and 100-hour SMAs.