Positions | Today | Yesterday | Change |
---|---|---|---|
Longs | 66% | 66% | -1.0% |
Shorts | 34% | 34% | 1.9% |
Indicator | 4H | 1D | 1W |
MACD(12;26;9) | Buy | Sell | Buy |
RSI(14) | Neutral | Neutral | Neutral |
Stochastic(5;3;3) | Neutral | Sell | Neutral |
Alligator(13;8;5) | Buy | Sell | Neutral |
SAR(0.02;0.2) | Buy | Sell | Sell |
Aggregate | ⇗ | ⇓ | ⇒ |
Since Thursday, the XAU/USD exchange rate has been testing the 1,845.00 level.
It is likely that yellow metal could gain support from the 55-hour moving average near 1,832.00 and extend gains against the US Dollar in the short term. Note that the rate could face the resistance level—the Fibo 23.60% at 1,860.59.
If the predetermined resistance level holds, a reversal south could follow. In this case the price for gold could gain support from the 100– and 200-hour moving averages near 1,813.00.