Positions | Today | Yesterday | Change |
Longs | 33% | 36% | -9.1% |
Shorts | 67% | 64% | 4.5% |
Indicator | 4H | 1D | 1W |
MACD(12;26;9) | Buy | Buy | Buy |
RSI(14) | Sell | Sell | Sell |
Stochastic(5;3;3) | Sell | Sell | Neutral |
Alligator(13;8;5) | Buy | Buy | Buy |
SAR(0.02;0.2) | Buy | Buy | Buy |
Aggregate | ⇒ | ⇒ | ⇗ |
During the previous trading session, the yellow metal broke the resistance level of the monthly R1 at 1,340.10.
In regards to the near-term future, most, likely the gold will keep surging to the 1,350.00 level.
However, today's US FOMC Meeting Minutes release at 19:00 GMT could push the yellow metal to depreciate against the US Dollar towards the 1,335.00 level.