Positions | Today | Yesterday | Change |
---|---|---|---|
Longs | 64% | 60% | 5.7% |
Shorts | 36% | 40% | -9.9% |
Indicator | 4H | 1D | 1W |
MACD(12;26;9) | Sell | Sell | Buy |
RSI(14) | Buy | Neutral | Neutral |
Stochastic(5;3;3) | Neutral | Buy | Neutral |
Alligator(13;8;5) | Sell | Sell | Neutral |
SAR(0.02;0.2) | Sell | Sell | Buy |
Aggregate | ⇘ | ⇘ | ⇗ |
The XAU/USD exchange rate has tumbled below the psychological level at 1,820.00.
It is unlikely that bulls could prevail in the market, and the price for gold could exceed the 1,836.20/1,847.90 range due to the resistance area formed by the 55-, 100– and 200-hour SMAs.
Yellow metal could continue to depreciate against the US Dollar within the following trading session. The exchange rate could target the 1,800.00/1,805.00 area.