A chart summarizing the "pivot points + long/short position signals" for gold, crude oil, forex, and stock indices on July 1, 2026. The latest data released today (Wednesday, July 1, 2026) shows that, as of now, 4 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 long position percentage is New Zealand Dollar/US Dollar (NZD/USD). Spot Gold (XAU/USD) has a long position percentage of 0.92%, US Crude Oil (WTI OIL) has a long position percentage of 85%, and Euro/US Dollar (EUR/USD) has a long position percentage of 53%. 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, 6 showed an increase in net long positions, 5 showed a decrease in net long positions, 3 showed an increase in net short positions, and 3 showed a decrease in net short positions. The following instruments had positions of 80% or more: Spot Gold (XAU/USD) with a short position ratio as high as 99.08%; US Crude Oil (WTI OIL) with a long position ratio as high as 85%; Hong Kong Hang Seng Index (HK50) with a long position ratio as high as 91%; S&P 500 Index with a long position ratio as high as 84%; EUR/JPY with a short position ratio as high as 93%; USD/JPY with a short position ratio as high as 93%; USD/CAD with a short position ratio as high as 84%; and NZD/USD with a long position ratio as high as 93%.


[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 currencies saw a decrease in net short positions: Dow Jones Index US30, GBP/USD, and USD/JPY.

The following currencies saw an increase in net long positions: WTI crude oil (US), Hang Seng Index (HK50), S&P 500, EUR/GBP, USD/CHF, and NZD/USD. The following currencies saw a decrease in net long positions: XAG/USD, FTSE China A50, Nasdaq 100, AUD/USD, and NZD/JPY.

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 net long positions indicates a "reversal to net long positions". ★In the table, "latest net long %" refers to the current "long position percentage minus short position 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 position percentage < the short position percentage. A positive net long position means the long position percentage > the short position percentage. From the perspective of comparing the latest net long % with yesterday's updated net long % (previous trading day's net long %), the interpreted "position signals" cover 13 types of signals, 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; 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 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.]