| Indicator | 4H | 1D | 1W |
| MACD (12; 26; 9) | Buy | Buy | Buy |
| RSI (14) | Neutral | Neutral | Neutral |
| Stochastic (5; 3) | Sell | Buy | Sell |
| Alligator (13; 8; 5) | Buy | Buy | Buy |
| SAR (0.02; 0.2) | Buy | Buy | Buy |
| Aggregate | ⇗ | ⇑ | ⇗ |
Gold's technical charts show how the financial markets are preparing for the Friday's fundamental events. The picture is even considered by the Dukascopy analysts a proper example of educational material for the books.
The rate recently reached the upper trend line of a massive long term ascending channel, where it was guided by a medium term ascending channel. That occurred at the end of last week.
This week market participants saw the scheduled speech of Janet Yellen at 16:00 GMT on Friday. Pressure began building up, which can be observed in the descending triangle pattern. Moreover, the triangle lines meet exactly at the support of the medium term pattern. Depending on the text of the speech the rate will jump upwards or plummet downwards.