XAU/USD is above 1,910.00

Note: This section contains information in English only.
Source: Dukascopy Bank SA
PositionsTodayYesterdayChange
Longs61%61%-0.4%
Shorts39%39%0.7%
Indicator4H1D1W
MACD(12;26;9)BuySellBuy
RSI(14)NeutralNeutralNeutral
Stochastic(5;3;3)SellNeutralNeutral
Alligator(13;8;5)BuyNeutralBuy
SAR(0.02;0.2)BuyBuySell
Aggregate

The XAU/USD exchange rate has raised to the psychological level at 1,920.00.

On the one hand, it is likely that yellow metal could continue to appreciate against the US Dollar within the following trading session. In this case the rate could target the 1,930.00 mark.

On the other hand, it is likely that the exchange rate could reverse south in the short run. Note that the rate could gain support from the 55-, 100– and 200-hour SMAs, as well the monthly PP in the 1,905.00 area.

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