A chart: A summary of "pivot points + long/short position signals" for gold, crude oil, forex, and stock indices on July 22, 2026. The latest data released today (Wednesday, July 22, 2026) shows that, as of now, 4 commodities are currently in an "overbought" state (long positions exceeding 80%), and 3 commodities are currently in an "oversold" state (long positions less than 20%). The commodity with the highest long position percentage is USD/CNH. Spot gold (XAU/USD) has a long position percentage of 23%, WTI crude oil has a long position percentage of 71%, and EUR/USD has a long position percentage of 76%. For updated "change signals" and a more detailed list of these commodities compared to yesterday, please refer to the chart specially prepared by FX678. Among the position change signals, 4 show an increase in net long positions, 7 show a decrease in net long positions, and 2 show an increase in net short positions. The following instruments have positions of 80% or more: S&P 500 (82% long), DAX 40 (84% short), EUR/AUD (85% long), GBP/JPY (89% long), and NZD/JPY (94% short). [Chart: Pivot Points and Long/Short Position Signals for Gold, Crude Oil, Forex, and Stock Indices. Source: FX678 Special Chart. (Click image to enlarge)] Sectors with increased net long positions include: S&P 500, EUR/USD, EUR/AUD, and USD/CNH. Sectors with decreased net long positions include: XAG/USD, WTI Crude Oil, FTSE China A50, EUR/GBP, USD/CHF, AUD/USD, 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 to net long positions". In the table, "Latest Net Long Position %" refers to the current "long position percentage minus short position percentage," and "Yesterday's Net Long Position %" indicates 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 position % with yesterday's updated net long position % (previous trading day's net long position %), the interpreted "position signals" cover 13 types, including "net long position expansion, net long position decrease, net short position unchanged, and net short position turning into a balance between long and short positions." Based on the actual data comparison results, some of these signals are displayed; see the charts in this article for details. These position signals are for reference only and should not be used as trading advice. The current price movement may contradict the position indication direction; 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.]