| Positions | Today | Yesterday | Change |
|---|---|---|---|
| Longs | 44% | 40% | 9.1% |
| Shorts | 56% | 60% | -7.2% |
| Indicator | 4H | 1D | 1W |
| MACD(12;26;9) | Sell | Buy | Buy |
| RSI(14) | Neutral | Neutral | Sell |
| Stochastic(5;3;3) | Buy | Neutral | Sell |
| Alligator(13;8;5) | Sell | Buy | Buy |
| SAR(0.02;0.2) | Sell | Sell | Buy |
| Aggregate | ⇘ | ⇒ | ⇒ |
Yesterday, the XAU/USD exchange rate declined to the 1,795.00 level. During Friday morning, the rate reversed north.
Given that yellow metal is pressured by the 200-hour moving average near 1,802.00, it is likely that a reversal south could occur, and the rate could continue to trade within the short-term descending channel.
On the other hand, it is likely that the exchange rate could try to exceed the resistance formed by the 55– and 100-hour SMAs in the 1,805.00 area and reverse south within the following trading session.