Positions | Today | Yesterday | Change |
---|---|---|---|
Longs | 56% | 55% | 1.5% |
Shorts | 44% | 45% | -1.9% |
Indicator | 4H | 1D | 1W |
MACD(12;26;9) | Buy | Sell | Buy |
RSI(14) | Neutral | Neutral | Neutral |
Stochastic(5;3;3) | Neutral | Neutral | Neutral |
Alligator(13;8;5) | Buy | Sell | Buy |
SAR(0.02;0.2) | Sell | Buy | Sell |
Aggregate | ⇒ | ⇒ | ⇒ |
The XAU/USD exchange rate failed to exceed the resistance level formed by the monthly PP at 1,909.25.
It is likely that yellow metal could gain support from the 200-hour moving average near 1,883.00. Thus, the exchange rate could trade sideways within the following trading session.
In the meantime, note that the rate is pressured by the 55-hour moving average near 1,900.00. Thus, the price for gold could go downwards in the nearest future.