| Positions | Today | Yesterday | Change |
|---|---|---|---|
| Longs | 38% | 38% | 1.8% |
| Shorts | 62% | 62% | -1.2% |
| Indicator | 4H | 1D | 1W |
| MACD(12;26;9) | Sell | Sell | Buy |
| RSI(14) | Neutral | Neutral | Neutral |
| Stochastic(5;3;3) | Neutral | Neutral | Buy |
| Alligator(13;8;5) | Neutral | Sell | Buy |
| SAR(0.02;0.2) | Buy | Sell | Sell |
| Aggregate | ⇒ | ⇘ | ⇗ |
Yesterday, the XAU/USD exchange rate extended gains and reached the psychological level at 1,278.00.
From a technical perspective, it is unlikely, that the price for gold could maintain its growth due to the resistance of the 200-hour SMA at 1,279.71.
Thus, it is likely, that the rate could trade sideways between the given resistance and the support level formed by the 55– and 100-hour SMAs, as well the monthly S1 and the Fibo 38.20% at 1,273.68.
If the given resistance does not hold, the price for gold could reach the psychological level at 1,282.00.