A chart showing the "Pivot Point + Long/Short Position Signals" for gold, crude oil, foreign exchange, and stock indices on October 21, 2025. The latest data released today (Tuesday, October 21, 2025) shows that as of just now, six commodities in this chart are currently "overbought" (over 80% long), and three commodities are currently "oversold" (less than 20% long). Among them, WTI crude oil has the highest proportion of long positions. Spot gold (XAU/USD) has a long position of 76%, WTI crude oil has a long position of 94%, and the Euro/USD has a long position of 53%. 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, two showed a decrease in net long positions, five showed an increase in net short positions, and four showed a decrease in net short positions. The following commodities saw positions of 80% or more: WTI OIL (long position) at 94%; FTSE China A50 (long position) at 92%; Hong Kong Hang Seng Index (HK50) (long position) at 86%; Nasdaq 100 (long position) at 91%; Dow Jones Industrial Average (US30) (short position) at 87%; EUR/AUD (short position) at 81%; GBP/USD (short position) at 84%; USD/CHF (long position) at 92%; and NZD/USD (long position) at 88%.


[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 pairs whose net short positions decreased are: Euro/Japanese Yen EUR/JPY, Euro/AUD, British Pound/Japanese Yen GBP/JPY, and US Dollar/Canadian Dollar USD/CAD.

Net long positions increased in spot gold (XAU/USD), FTSE China A50, Hang Seng (HK50), S&P 500, Nasdaq 100, and New Zealand dollar/Japanese yen (NZD/JPY). Net long positions decreased in spot silver (XAG/USD) and Australian dollar/US dollar (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 short position. A positive net long position indicates a higher long position than a 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.