| Positions | Today | Yesterday | Change |
|---|---|---|---|
| Longs | 45% | 48% | -7.3% |
| Shorts | 55% | 52% | 5.9% |
| Indicator | 4H | 1D | 1W |
| MACD(12;26;9) | Buy | Buy | Buy |
| RSI(14) | Neutral | Neutral | Sell |
| Stochastic(5;3;3) | Neutral | Neutral | Sell |
| Alligator(13;8;5) | Neutral | Buy | Buy |
| SAR(0.02;0.2) | Sell | Buy | Buy |
| Aggregate | ⇒ | ⇗ | ⇒ |
On Thursday, the XAU/USD exchange rate failed to exceed the 1,740.00 level. During today's morning, the rate was trading at 1,690.00.
Note that yellow metal is squeezed by 55-, 100– and 200-hour moving averages, located near 1,716.00 and 1,684.00 respectively. Thus, the rate could consolidate in the nearest future.
However, if the 200-hour SMA does not hold, it is likely that the price for gold could continue to go downwards. In this case the rate could target the psychological level at 1,660.00.