| Positions | Today | Yesterday | Change |
|---|---|---|---|
| Longs | 59% | 61% | -3.7% |
| Shorts | 41% | 39% | 5.3% |
| Indicator | 4H | 1D | 1W |
| MACD(12;26;9) | Sell | Sell | Buy |
| RSI(14) | Buy | Neutral | Sell |
| Stochastic(5;3;3) | Neutral | Neutral | Neutral |
| Alligator(13;8;5) | Sell | Sell | Buy |
| SAR(0.02;0.2) | Sell | Sell | Buy |
| Aggregate | ⇘ | ⇘ | ⇗ |
Yesterday, the XAU/USD exchange rate consolidated in the 1,910.00 area. During Wednesday morning, the rate dropped to 1,880.00.
From the one hand, it is likely that a reversal north could occur in the nearest future. In this case it is unlikely that the price for gold could exceed the resistance formed by the 55-, 100– and 200-hour SMAs in the 1,912.00/1,942.00 area.
On the other hand, it is likely that some downside potential could prevail in the market. Note that the nearest support level—the monthly S1, is located at the 1,862.47 mark.