| Positions | Today | Yesterday | Change |
|---|---|---|---|
| Longs | 63% | 62% | 1.4% |
| Shorts | 37% | 38% | -2.4% |
| Indicator | 4H | 1D | 1W |
| MACD(12;26;9) | Buy | Buy | Buy |
| RSI(14) | Neutral | Neutral | Neutral |
| Stochastic(5;3;3) | Neutral | Sell | Neutral |
| Alligator(13;8;5) | Buy | Neutral | Neutral |
| SAR(0.02;0.2) | Sell | Buy | Sell |
| Aggregate | ⇒ | ⇒ | ⇒ |
Yesterday, the XAU/USD exchange rate touched the 1,895.00 level.
It is likely that yellow metal could gain support from the 55-hour moving average near 1,870.00 and extend gains against the US Dollar in the short term. A possible upside target is the 1,900.00/1,920.00 range.
In the meantime, it is unlikely that bears could prevail in the market, and the exchange rate could decline below 1,850.00/1,860.00 due to the support area formed by the 100– and 200-hour SMAs, as well the Fibo 23.60%.