| Positions | Today | Yesterday | Change |
|---|---|---|---|
| Longs | 45% | 46% | -0.8% |
| Shorts | 55% | 54% | 0.6% |
| Indicator | 4H | 1D | 1W |
| MACD(12;26;9) | Sell | Buy | Buy |
| RSI(14) | Neutral | Neutral | Sell |
| Stochastic(5;3;3) | Buy | Neutral | Sell |
| Alligator(13;8;5) | Sell | Buy | Buy |
| SAR(0.02;0.2) | Sell | Buy | Buy |
| Aggregate | ⇘ | ⇗ | ⇒ |
During the previous session, the XAU/USD exchange rate went downwards. During Tuesday's morning, gold was trading at the 1,390.00 level against the US Dollar.
Note, that the rate is supported by the monthly PP at the 1,385.30 mark. If the given support level holds, it is likely, that the rate could reverse north within the following trading hours.
However, it is unlikely, that the price for gold could exceed the 1,400.49/1,408.69 range due to the resistance of the 55-, 100– and 200-hour SMAs. Also, it is unlikely, that bears could prevail in the market, and the rate could tumble lower than 1,374.77 due to the support of the Fibo 23.60%.