| Positions | Today | Yesterday | Change |
|---|---|---|---|
| Longs | 62% | 62% | -0.1% |
| Shorts | 38% | 38% | 0.2% |
| Indicator | 4H | 1D | 1W |
| MACD(12;26;9) | Buy | Sell | Buy |
| RSI(14) | Neutral | Neutral | Neutral |
| Stochastic(5;3;3) | Sell | Neutral | Neutral |
| Alligator(13;8;5) | Buy | Neutral | Neutral |
| SAR(0.02;0.2) | Buy | Buy | Sell |
| Aggregate | ⇗ | ⇒ | ⇒ |
During today's morning, the XAU/USD exchange rate raised to the 1,865.00 level.
It is likely that yellow metal could gain support from the Fibo 23.60% at 1,860.59 and trade upwards against the US Dollar in the nearest future. The rate could target the 1,880.00/1,890.00 range.
In the meantime, it is unlikely that bears could prevail in the market, and the price for gold could decline below the support area formed by the 55-, 100– and 200-hour SMAs in the 1,840.00/1,845.00 range.