Positions | Today | Yesterday | Change |
---|---|---|---|
Longs | 66% | 65% | 1.1% |
Shorts | 34% | 35% | -2.1% |
Indicator | 4H | 1D | 1W |
MACD(12;26;9) | Buy | Sell | Buy |
RSI(14) | Neutral | Neutral | Neutral |
Stochastic(5;3;3) | Sell | Neutral | Neutral |
Alligator(13;8;5) | Buy | Sell | Neutral |
SAR(0.02;0.2) | Buy | Sell | Buy |
Aggregate | ⇗ | ⇘ | ⇗ |
The XAU/USD exchange rate has increased to the 1,845.00 mark.
It is likely that yellow metal could gain support from the 200-hour SMA near 1,835.00 and continue to trade upwards in the short run. The price for gold could target the 1,870.00/1,880.00 area.
Meanwhile, note that the exchange rate could face the resistance level—the Fibo 23.60% at 1,860.59. If the predetermined level holds, a reversal south could occur, and the rate could decline to the 55– and 100-hour SMAs near 1,820.00.