XAU/USD remains below 1,875.00

Note: This section contains information in English only.
Source: Dukascopy Bank SA
PositionsTodayYesterdayChange
Longs61%65%-6.8%
Shorts39%35%10.7%
Indicator4H1D1W
MACD(12;26;9)BuySellBuy
RSI(14)NeutralNeutralNeutral
Stochastic(5;3;3)NeutralSellNeutral
Alligator(13;8;5)BuyNeutralNeutral
SAR(0.02;0.2)BuyBuySell
Aggregate

The XAU/USD exchange rate remains below the psychological level at 1,875.00.

It is likely that yellow metal could gain support from the 55-hour moving average and the Fibo 23.60% near 1,860.00 and extend gains within the following trading session. The rate could target the 1,900.00 level.

In the meantime, if the 1,875.00 level holds, yellow metal could continue to trade sideways against the US Dollar within the following trading session.

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