August 3, 2026: Pivot Points and Position Signals for Gold, Oil, FX, and Indices

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On August 3, 2026, position trading data from FX678 reveals key support and resistance levels for gold, oil, FX, and indices. Three assets are overbought, with XAU/USD at 85% longs and the S&P 500 at 86%. EUR/USD and GBP/USD show 81% short positions. Four assets saw increases in long positions, while seven experienced reductions. Traders are closely monitoring these levels for potential reversals.
CoinTelegraph reports — Below is the latest installment of the “Pivot Points + Long/Short Position Signals” series for gold, oil, forex, and stock indices, including chart and textual analysis. By comparing the latest net long percentage with the previous day’s net long percentage, a total of 13 position signals are derived, including: increased net longs, decreased net longs, no change in net shorts, and net shorts shifting to neutral, among others. The specific signals displayed correspond to the actual data comparisons.
CoinText APP report — One chart: As of August 3, 2026, a snapshot of “pivot points + long/short positioning signals” for gold, crude oil, forex, and stock indices. According to the latest data released today (Monday, August 3, 2026), as of now, the following are in “overbought” territory (long positions exceeding 80%): 3 assets; and in “oversold” territory (long positions below 20%): 2 assets. Among these, the highest long position percentage is in the S&P 500 Index. Spot gold XAU/USD long positioning: 85%, U.S. crude oil WTI OIL long positioning: 75%, Euro against USD EUR/USD long positioning: 19%. For changes in these signals compared to yesterday and a more detailed list, see the exclusive chart provided by CoinText.

Among the position change signals, there are 4 instruments with increased net longs, 7 with decreased net longs, 3 with increased net shorts, 3 with decreased net shorts, and 1 that shifted from net short to neutral. Instruments with positions at 80% or higher: Spot Gold XAU/USD has a long positioning of 85%. The S&P 500 Index has a long positioning of 86%. The EUR/USD has a short positioning of 81%. GBP/USD has a short positioning of 81%. USD/CHF has a long positioning of 86%.

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[Image: Pivot points and long/short position signals for gold, oil, forex, and stock indices, source: Special chart created by Huitong Finance. (Click image to enlarge)]

The net short positions decreased for: Germany DAX40, GBP/USD, USD/JPY.

Net long positions increased for: Spot Gold XAU/USD, S&P 500, Nasdaq 100, Nikkei 225. Net long positions decreased for: Spot SilverXAG/USD, FTSE China A50, Hong Kong Hang Seng Index HK50, EUR/GBP, AUD/USD, NZD/JPY, USD/Offshore CNY.

FxStreet reminds that position signals are derived by comparing the latest "Net Long %" with the previous day's "Net Long %". If net long positions increase, the signal is "Net Long Expansion"; if net long positions shift from negative to positive, the signal is "Position Reversal to Net Long," and so on. In the table, "Net Long % (Latest)" refers to the current difference between long percentage and short percentage, while "Net Long % (Previous)" indicates the net long data from the last update (typically the previous trading day), for comparative purposes. A negative net long means long percentage short percentage. Based on comparisons between the latest net long % and the previous day’s net long %, a total of 13 position signals are generated, including "Net Long Expansion," "Net Long Contraction," "Net Short Unchanged," "Net Short Turns to Neutral," and others—only the relevant signals corresponding to actual data comparisons are displayed in the chart below. These position signals are for reference only and should not be used as trading advice. Current price movements may contradict the position indicators, and such contradictions may indicate potential opportunities. As subsequent price movements are influenced by complex factors, traders must make their own decisions.

The trading instruments included in this chart are: spot gold, spot silver, U.S. crude oil, FTSE China A50, Hong Kong Hang Seng Index, S&P 500 Index, Nasdaq 100, Dow Jones Index, Germany 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.


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