Positions | Today | Yesterday | Change |
---|---|---|---|
Longs | 55% | 56% | -1.5% |
Shorts | 45% | 44% | 1.9% |
Indicator | 4H | 1D | 1W |
MACD(12;26;9) | Buy | Sell | Buy |
RSI(14) | Neutral | Neutral | Neutral |
Stochastic(5;3;3) | Neutral | Sell | Neutral |
Alligator(13;8;5) | Buy | Sell | Buy |
SAR(0.02;0.2) | Buy | Sell | Sell |
Aggregate | ⇗ | ⇓ | ⇒ |
The XAU/USD exchange rate has revealed a short-term ascending channel.
From a theoretical point of view, it is likely that the exchange rate could re-test the lower channel line located in the 1,895.00/1,900.00 range. If the given channel holds, a reversal north could follow.
However, if the predetermined channel does not hold, a breakout south could occur, and the price for gold could decline to the 200-hour moving average located near 1,885.50.