Positions | Today | Yesterday | Change |
---|---|---|---|
Longs | 63% | 65% | -3.2% |
Shorts | 37% | 35% | 5.6% |
Indicator | 4H | 1D | 1W |
MACD(12;26;9) | Sell | Sell | Buy |
RSI(14) | Neutral | Neutral | Neutral |
Stochastic(5;3;3) | Sell | Neutral | Neutral |
Alligator(13;8;5) | Neutral | Sell | Neutral |
SAR(0.02;0.2) | Buy | Sell | Sell |
Aggregate | ⇒ | ⇘ | ⇒ |
Since Monday, the XAU/USD exchange rate has been appreciating actively. The rate has already reached 1,830.00.
It is likely that yellow metal could gain support from the 200-hour moving average near 1,820.00. In this case the price for gold could target the resistance level—the Fibo 23.60% at 1,860.59.
In the meantime, it is unlikely that bears could prevail in the market, and the exchange rate could decline below 1,975.00 due to the support provided by the 55– and 100-hour SMAs.