Gold and Oil in Overbought Territory as Net Long Positions Shift

The latest installment of 'Pivot Points + Long/Short Position Signals' is out for gold, oil, forex, and stock indices.

According to Jinrongwang APP report, as of September 3, 2026, five instruments are in the 'overbought' territory with long positions exceeding 80%, including Spot Gold XAU/USD at 83% and FTSE China A50 at 92%. Nasdaq 100 also has a long positioning of 83%, while EUR/AUD has a long positioning of 86%.

CoinMarketCap explains that position signals are derived by comparing the latest 'Net Long %' with the previous update. If net long positions increase, the signal is 'Net Long Expansion', and if they change from negative to positive, it's 'Position Reversal to Net Long.'