| Positions | Today | Yesterday | Change |
|---|---|---|---|
| Longs | 46% | 45% | 3.6% |
| Shorts | 54% | 55% | -3.1% |
| Indicator | 4H | 1D | 1W |
| MACD(12;26;9) | Buy | Buy | Buy |
| RSI(14) | Neutral | Neutral | Sell |
| Stochastic(5;3;3) | Neutral | Neutral | Neutral |
| Alligator(13;8;5) | Neutral | Buy | Buy |
| SAR(0.02;0.2) | Sell | Buy | Buy |
| Aggregate | ⇒ | ⇗ | ⇗ |
On Monday, the XAU//USD exchange rate consolidated in the 1,575.00 level. During today's morning, the rate was testing the lower boundary of the medium-term ascending channel at 1,570.00.
From a theoretical point of view, it is likely that a reversal north could occur in the nearest future. In this case the price for gold could try to surpass the 55– and 100-hour SMAs in the 1,580.00 area.
However, note that the exchange rate is pressured by the 200-hour SMA. Thus, a breakout south could occur in the short term. In this case the price for gold could decline below 1,565.00.