| Positions | Today | Yesterday | Change |
|---|---|---|---|
| Longs | 69% | 69% | 0.0% |
| Shorts | 31% | 31% | 0.0% |
| Indicator | 4H | 1D | 1W |
| MACD(12;26;9) | Buy | Sell | Sell |
| RSI(14) | Neutral | Neutral | Neutral |
| Stochastic(5;3;3) | Neutral | Neutral | Neutral |
| Alligator(13;8;5) | Buy | Sell | Sell |
| SAR(0.02;0.2) | Buy | Sell | Sell |
| Aggregate | ⇗ | ⇘ | ⇘ |
Since Tuesday, the XAU/USD exchange rate has been consolidating in the 1,810.00 area.
It is likely that yellow metal could gain support from the 55– and 200-hour moving averages near 1,802.00. Thus, the rate could re-test the upper line of the rising wedge pattern circa 1,820.00/1,825.00.
If the predetermined pattern holds, the exchange rate could bounce off and decline to the given support within the following trading session.