| Positions | Today | Yesterday | % Change | |
| Longs | 48% | 47% | 2.08% | |
| Shorts | 52% | 53% | -1.92% | |
| Indicator | 4H | 1D | 1W | |
| MACD (12; 26; 9) | Sell | Buy | Buy | |
| RSI (14) | Neutral | Neutral | Neutral | |
| Stochastic (5; 3; 3) | Sell | Sell | Sell | |
| Alligator (13; 8; 5) | Neutral | Neutral | Buy | |
| SAR (0.02; 0.2) | Buy | Sell | Buy | |
| Aggregate | ⇒ | ⇒ | ⇗ | |
Despite edging higher late last week, the yellow metal was unable to overcome the 55-period (4H) and 200-hour SMAs near 1,235.00 yesterday. This reversed the rate back to the downside as a result of which it breached the 55– and 100-hour moving averages and was trading near 1,220.00 at the time of this analysis.
It seems that this fall might continue today, as well, as there is no support limiting losses until the senior channel near 1,210.00. A one-month low is likewise located there.
The prevailing channel patterns suggest that this expected decline might only be a short-term correction that should reverse back to the upside tomorrow.