Positions | Today | Yesterday | Change |
---|---|---|---|
Longs | 62% | 61% | 2.0% |
Shorts | 38% | 39% | -3.3% |
Indicator | 4H | 1D | 1W |
MACD(12;26;9) | Sell | Sell | Buy |
RSI(14) | Neutral | Neutral | Neutral |
Stochastic(5;3;3) | Neutral | Neutral | Neutral |
Alligator(13;8;5) | Sell | Sell | Neutral |
SAR(0.02;0.2) | Buy | Buy | Sell |
Aggregate | ⇒ | ⇒ | ⇒ |
Yesterday, the XAU/USD exchange rate reversed north from the 1,825.00 level.
It is likely that yellow metal could gain support from the 55-, 100– and 200-hour SMAs in the 1,835.00/1,843.00 area and extend gains against the US Dollar in the short run.
Note that the price for gold could face the resistance level formed by the Fibo 23.60% at 1,860.59. If the given level holds, the rate could bounce off to re-test the predetermined support area.