Positions | Today | Yesterday | Change |
---|---|---|---|
Longs | 48% | 49% | -1.1% |
Shorts | 52% | 51% | 1.0% |
Indicator | 4H | 1D | 1W |
MACD(12;26;9) | Buy | Buy | Buy |
RSI(14) | Neutral | Neutral | Neutral |
Stochastic(5;3;3) | Neutral | Neutral | Neutral |
Alligator(13;8;5) | Buy | Buy | Buy |
SAR(0.02;0.2) | Buy | Buy | Buy |
Aggregate | ⇗ | ⇗ | ⇗ |
On Tuesday, the XAU/USD exchange rate tried to surpass the resistance formed by the 55– and 100-hour SMAs near 1,725.00. During today's morning, the rate pierced the 200-hour SMA near 1,717.00.
It is likely that yellow metal could be pushed down by the 55– and 100-hour moving averages to the 1,705.00/1,700.00 area.
However, if the 200-hour SMA holds, it is likely that gold could trade sideways against the US Dollar within the following trading session.