A chart summarizing "pivot points + long/short position signals" for gold, crude oil, forex, and stock indices on November 6, 2025. The latest data released today (Thursday, November 6, 2025) shows that, as of now, 7 commodities are currently in an "overbought" state (long positions exceeding 80%), and 4 commodities are currently in an "oversold" state (long positions less than 20%). The commodity with the highest percentage of long positions is the Hong Kong Hang Seng Index (HK50). Spot gold (XAU/USD) has a long position percentage of 66%, US crude oil (WTI OIL) has a long position percentage of 82%, and the euro/dollar exchange rate (EUR/USD) has a long position percentage of 67%. For updated "change signals" and a more detailed list of these commodities compared to yesterday, please see the specially designed chart.

Among the signals indicating changes in positions, 4 showed an increase in net long positions, 6 showed a decrease in net long positions, 8 showed an increase in net short positions, 2 showed a decrease in net short positions, and 1 showed a shift from a balance between long and short positions to a net long position. The following instruments had positions of 80% or more: US WTI Crude Oil (82% long), FTSE China A50 (81% long), HK50 (90% long), Nasdaq 100 (90% long), EUR/GBP (94% short), EUR/JPY (94% short), USD/JPY (86% short), USD/CHF (84% long), AUD/USD (84% long), and AUD/JPY (81% short). Long positions account for a staggering 88% of the New Zealand dollar (NZD/USD) holdings.


[Chart: Pivot Points and Long/Short Position Signals for Gold, Crude Oil, Forex, and Stock Indices. Source: FX678 Special Chart. (Click image to enlarge)]

The following pairs saw a decrease in net short positions: EUR/AUD and GBP/USD.

The following currencies saw an increase in net long positions: Spot Gold (XAU/USD), Hang Seng Index (HK50), USD/CHF, and NZD/JPY. The following currencies saw a decrease in net long positions: Spot Silver (XAG/USD), WTI Crude Oil, FTSE China A50, S&P 500, Nasdaq 100, and NZD/USD.

FX678 reminds you that the position signals are derived by comparing the latest "net long %" and yesterday's "net long %". An increase in net long positions indicates an "expansion of net long positions", while a change from negative to positive indicates a "reversal of positions to net long positions". In the table, "latest net long %" refers to the current "long percentage minus short percentage", and "yesterday's net long %" represents the last updated (usually the previous trading day's) net long position data for comparison. A negative net long position means the long percentage < the short percentage. A positive net long position means the long percentage > the short percentage. From the perspective of comparing the latest net long % with yesterday's net long % (previous trading day's net long %), the interpreted "position signals" cover 13 types, including "expansion of net long positions, decrease of net long positions, no change in net short positions, and a shift to a balance between long and short positions". Some of these signals are displayed based on the actual data comparison results, as detailed in the charts in this article. This position signal is for reference only and should not be used as a basis for trading. The current price movement may contradict the direction indicated by the position signal. These contradictions may contain potential opportunities. Furthermore, subsequent price movements are influenced by various complex factors, and traders must make their own decisions.

[The trading instruments covered in this chart include: spot gold, spot silver, US crude oil, FTSE China A50, Hong Kong Hang Seng Index, S&P 500 Index, Nasdaq 100, Dow Jones Index, 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.]