| Positions | Today | Yesterday | Change |
|---|---|---|---|
| Longs | 37% | 48% | -28.4% |
| Shorts | 63% | 52% | 16.8% |
| 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) | Buy | Buy | Buy |
| SAR(0.02;0.2) | Sell | Buy | Buy |
| Aggregate | ⇒ | ⇗ | ⇗ |
Yesterday, the XAU/USD exchange rate traded sideways in the 1,760.00 area. During Friday morning, the rate maintained its consolidation.
From the one hand, yellow metal could be pushed down by the 55-hour SMA to the lower line of the medium-term ascending channel circa 1,755.00. If the given channel holds, a reversal north could follow.
On the other hand, gold could gain support from the 100-hour SMA and extend gains against the US Dollar in the short term. In this case the price for gold could re-test the 1,780.00 level.