A chart showing the "Pivot Point + Long/Short Position Signals" for gold, crude oil, foreign exchange, and stock indices on August 4, 2025. The latest data released today (Monday, August 4, 2025) shows that as of just now, three commodities in this chart are currently "overbought" (over 80% long), and two commodities are currently "oversold" (less than 20% long). The highest proportion of long positions is in the USD/CHF pair. Spot gold (XAU/USD) has a long position of 60%, WTI (West Texas Intermediate) crude oil has a long position of 74%, and the EUR/USD has a long position of 34%. See the dedicated chart for a more detailed list of "change signals" for these commodities compared to yesterday.

Among the signals of position changes, six showed an increase in net long positions, five showed a decrease in net long positions, four showed an increase in net short positions, and five showed a decrease in net short positions. Instruments with positions exceeding 80% include: FTSE China A50, with long positions accounting for 87%; EUR/JPY, with short positions accounting for 82%; EUR/AUD, with short positions accounting for 95%; USD/CHF, with long positions accounting for 88%; and USD/CNH, with long positions accounting for 84%.


[Image: Gold, crude oil, foreign exchange, and stock index pivot points and long/short position signals. Source: Huitong Finance custom chart. (Click on the image to enlarge it.)]

The currencies whose net short positions decreased include: Euro/Japanese Yen EUR/JPY, British Pound/Japanese Yen GBP/JPY, US Dollar/Japanese Yen USD/JPY, Canadian Dollar/Japanese Yen CAD/JPY, and New Zealand Dollar/Japanese Yen NZD/JPY.

Net long positions increased in WTI crude oil, the S&P 500, the Nasdaq 100, the USD/CHF, the NZD/USD, and the USD/CNH. Net long positions decreased in gold (XAU/USD), silver (XAG/USD), the Hang Seng Index (HK50), the USD/CAD, and the AUD/USD.

Huitong Finance reminds you that position signals are derived by comparing the "Latest Net Long %" with the "Yesterday Net Long %" data. An increase in net longs signals an expansion of the net long position, while a change from negative to positive signals a reversal of the net long position. In the table, "Latest Net Long %" refers to the current "long position minus short position," while "Yesterday Net Long %" represents the last updated net long position (usually the previous trading day) for comparison purposes. A negative net long position indicates a lower long position than a lower short position. A positive net long position indicates a higher long position than a lower short position. Comparing the latest net long % with yesterday's net long % (the previous trading day's net long %) reveals 13 types of position signals, including an expansion of the net long position, a decrease in the net long position, no change in the net short position, and a shift to a long-short balance. Some of these signals are presented based on actual data comparison results. See the charts in this article for details. This position signal is for reference only and should not be used as a basis for trading. The current price trend may conflict with the position indicated. These conflicts may contain potential opportunities. At the same time, subsequent price trends are subject to complex influences from various factors, and traders must make their own decisions.

The trading instruments included in this chart are: spot gold, spot silver, US crude oil, FTSE China A50, Hong Kong Hang Seng Index, S&P 500, Nasdaq 100, Dow Jones Industrial Average, German DAX 40, EUR/USD, EUR/GBP, EUR/JPY, EUR/AUD, GBP/USD, GBP/JPY, USD/JPY, USD/CAD, USD/CHF, AUD/USD, AUD/JPY, CAD/JPY, and NZD/USD.