| Positions | Today | Yesterday | Change |
|---|---|---|---|
| Longs | 59% | 59% | 0.1% |
| Shorts | 41% | 41% | -0.2% |
| Indicator | 4H | 1D | 1W |
| MACD(12;26;9) | Buy | Buy | Buy |
| RSI(14) | Sell | Sell | Neutral |
| Stochastic(5;3;3) | Neutral | Sell | Sell |
| Alligator(13;8;5) | Buy | Buy | Neutral |
| SAR(0.02;0.2) | Buy | Buy | Sell |
| Aggregate | ⇗ | ⇒ | ⇒ |
During today's morning hours, the XAU/USD raised to the 1,960.00 mark.
It is likely that the yellow metal could continue to extend gains against the US Dollar, as it is supported by the 55-hour moving average near 1,942.00. The rate could target the 1,980.00/2,000.00 range.
In the meantime, it is unlikely that bears could prevail in the market, and the price for gold could drop below the 1,900.00/1,920.00 area due to the support provided by the 100– and 200-hour SMAs.