Positions | Today | Yesterday | % Change | |
Longs | 43% | 42% | 2.33% | |
Shorts | 57% | 58% | -1.75% | |
Indicator | 4H | 1D | 1W | |
MACD (12; 26; 9) | Sell | Buy | Buy | |
RSI (14) | Buy | Neutral | Neutral | |
Stochastic (5; 3; 3) | Neutral | Buy | Sell | |
Alligator (13; 8; 5) | Sell | Buy | Buy | |
SAR (0.02; 0.2) | Sell | Sell | Buy | |
Aggregate | ⇘ | ⇗ | ⇗ |
During Tuesday's morning hours, the yellow metal appreciated against the US Dollar to the 1,284.00 level.
In regards to the near-term future, most likely, the gold will break the resistance of the 55-hour simple moving average at 1,284.00 to surge to the 1,288.00 level. It is expected that the 55-hour simple moving average will support the surge during the trading session on Tuesday.
However, the yellow metal could be resisted by the 55-hour simple moving average at 1,283.89 to depreciate against the US Dollar to the 1,276.00 level.