At a Glance: July 23, 2026 Overview of “Pivot Points + Long and Short Position Signals” for Gold, Crude Oil, Forex, and Stock Indices in One Chart

Forex Circle, July 23—— Below is the latest chart in the "Pivot Points + Long/Short Position Signals" series for gold, oil, forex, and stock indexes, including both chart analysis and textual explanation. By comparing the latest net long % with yesterday's net long % (previous trading day's net long %), various position signals are interpreted, covering a total of 13 types, such as net long expansion, net long reduction, net short unchanged, net short turning to balance, and more. Depending on the actual data comparison, several of these signals are displayed accordingly.

One Chart: Overview of "Pivot Points + Long/Short Position Signals" for gold, oil, forex, and stock indexes on July 23, 2026. According to the latest data released today (Thursday, July 23, 2026), as of now, among the instruments in the chart, those currently in "overbought" status (long positions above 80%) include: 1 instrument; those in "oversold" status (long positions below 20%) include: 2 instruments. Among them, the instrument with the highest proportion of long positions is: EUR/AUD. Spot gold XAU/USD long position ratio: 74%, US crude oil WTI OIL long position ratio: 69%, EUR/USD long position ratio: 60%. The "position change signals" of these instruments compared to yesterday and the full list can be found in the special chart by Forex Circle.

For position change signals: those with net long expanding: 4; net long decreasing: 7; net short decreasing: 5. Instruments with positions reaching above 80% include: EUR/JPY short ratio as high as 90%. EUR/AUD long ratio as high as 81%. USD/JPY short ratio as high as 91%.


[Chart: Interpretation of pivot points and long/short position signals for gold, oil, forex, and stock indexes. Source: Special Chart by Forex Circle. (Click the picture to enlarge)]

Net short decreasing: Dow Jones Index US30, Nikkei 225 Index Nikkei225, German DAX40 GERMANY 40, CAD/JPY, NZD/JPY.

Net long expanding: EUR/GBP, USD/CHF, AUD/USD, NZD/USD. Net long decreasing: Spot silver XAG/USD, WTI OIL, S&P 500 Index, EUR/USD, EUR/AUD, USD/CNH.

Forex Circle reminds that position signals are derived from the comparison of "latest net long %" with "yesterday's net long %". If net long increases, it is "net long expanding"; if it turns from negative to positive, it is a "position reversal to net long", etc. In the table, "latest net long %" refers to the current percentage of longs minus shorts, and "yesterday's net long %" refers to the previous update (usually previous trading day's) net long percentage for comparison. Net long negative means proportion of longs shorts. By comparing the latest net long % and yesterday's net long %, "position signals" can be interpreted to cover 13 types, such as net long expanding, net long reducing, net short unchanged, net short turning to balance, etc. According to the actual data comparison, several types are shown; see the chart in this article. The current price trend may contradict the direction of position indicators, and such contradictions may imply potential opportunities. At the same time, subsequent price movements are influenced by various complex factors, so traders must make their own decisions.

[The instruments involved in this chart include: spot gold, spot silver, WTI crude oil, S&P 500 Index, Nasdaq 100, Dow Jones Index, German DAX40, EUR/USD, EUR/GBP, EUR/JPY, EUR/AUD, GBP/USD, GBP/JPY, USD/JPY, USD/CAD, USD/CHF, AUD/USD, AUD/JPY, CAD/JPY, NZD/USD.]