| Positions | Today | Yesterday | Change |
|---|---|---|---|
| Longs | 48% | 48% | -0.1% |
| Shorts | 52% | 52% | 0.1% |
| Indicator | 4H | 1D | 1W |
| MACD(12;26;9) | Buy | Buy | Buy |
| RSI(14) | Neutral | Neutral | Neutral |
| Stochastic(5;3;3) | Neutral | Neutral | Neutral |
| Alligator(13;8;5) | Buy | Buy | Buy |
| SAR(0.02;0.2) | Buy | Buy | Buy |
| Aggregate | ⇗ | ⇗ | ⇗ |
Yesterday, the XAU/USD exchange rate re-tested the lower boundary of the medium-term ascending channel. During Friday morning, the rate reversed north.
From a theoretical perspective, it is likely that some upside potential could prevail in the market. In this case the rate could target the resistance area in the 1,740.00/1,745.00 range.
Meanwhile, it is unlikely that bears could prevail in the market in the nearest future due to the support formed by the 55-, 100– and 200-hour SMAs, as well the monthly PP in the 1,725.00 area.