Positions | Today | Yesterday | Change |
---|---|---|---|
Longs | 41% | 40% | 1.9% |
Shorts | 59% | 60% | -1.4% |
Indicator | 4H | 1D | 1W |
MACD(12;26;9) | Sell | Sell | Buy |
RSI(14) | Buy | Neutral | Neutral |
Stochastic(5;3;3) | Neutral | Buy | Neutral |
Alligator(13;8;5) | Sell | Sell | Buy |
SAR(0.02;0.2) | Sell | Sell | Sell |
Aggregate | ⇘ | ⇘ | ⇒ |
During Wednesday's trading session, the yellow metal was trading between the 55-hour simple moving average to end the trading day at 1,285.00.
On Thursday morning, gold was located below the 55-hour simple moving average at the 1,286.10 mark.
In regards to the near-term future, most likely, the 55-hour simple moving average will retrace the rate to push it to depreciate towards the 1,280.00 level.