| Positions | Today | Yesterday | Change |
|---|---|---|---|
| Longs | 54% | 55% | -2.0% |
| Shorts | 46% | 45% | 2.4% |
| Indicator | 4H | 1D | 1W |
| MACD(12;26;9) | Buy | Sell | Buy |
| RSI(14) | Neutral | Neutral | Neutral |
| Stochastic(5;3;3) | Neutral | Sell | Neutral |
| Alligator(13;8;5) | Buy | Neutral | Buy |
| SAR(0.02;0.2) | Sell | Buy | Sell |
| Aggregate | ⇒ | ⇒ | ⇒ |
On Monday, the XAU/USD exchange rate remained to trade below the 1,930.00 level.
It is likely that yellow metal could gain support from the 55-hour SMA near 1,921.00 and trade upwards in the short run. In this case the rate could target the 1,940.00/1,950.00 area.
However, if the 1,930.00 level holds, it is likely that yellow metal could trade sideways against the US Dollar, supported by the monthly PP at 1,909.25.