XAU/USD trades at 1,915.00 - Technical Analysis - Dukascopy Bank

Fri, 09 Oct 2020 09:07:43 GMT
Source: Dukascopy Bank SA
 
PositionsTodayYesterdayChange
Longs54%55%-1.2%
Shorts46%45%1.4%
Indicator4H1D1W
MACD(12;26;9)BuySellBuy
RSI(14)NeutralNeutralNeutral
Stochastic(5;3;3)NeutralNeutralNeutral
Alligator(13;8;5)BuySellBuy
SAR(0.02;0.2)BuyBuySell
Aggregate

The XAU/USD exchange rate has jumped to the 1,915.00 level.

From the one hand, it is likely that some upside potential could continue to prevail in the market. In this case the price for gold could target the psychological level at 1,930.00.

From the other hand, it is likely that a reversal south could occur in the nearest future. Note that the rate could gain support provided by the 55-, 100– and 200-hour SMAs in the 1,890.00 area.


Back to feed
To learn more about Dukascopy Bank CFD / Forex trading platform, SWFX and other trading related information,
please call us or make callback request.
For further information regarding potential cooperation,
please call us or make callback request.
To learn more about Dukascopy Bank Binary Options / Forex trading platform, SWFX and other trading related information,
please call us or make callback request.
To learn more about Dukascopy Bank CFD / Forex trading platform, SWFX and other trading related information,
please call us or make callback request.
To learn more about Crypto Trading / CFD / Forex trading platform, SWFX and other trading related information,
please call us or make callback request.
To learn more about Business Introducer and other trading related information,
please call us or make callback request.
For further information regarding potential cooperation,
please call us or make callback request.