XAU/USD breaks dominant pattern

Source: Dukascopy Bank SA
 Positions Today Yesterday Change
 Longs 33% 36% -9.1%
 Shorts 67% 64% 4.5%
       
 Indicator 4H 1D 1W
 MACD(12;26;9) Buy Buy Buy
 RSI(14) Neutral Sell Sell
 Stochastic(5;3;3) Neutral Sell Neutral
 Alligator(13;8;5) Buy Buy Buy
 SAR(0.02;0.2) Buy Buy Buy
 Aggregate

During Monday's trading session, the yellow metal broke the previously drawn dominant pattern line at 1,325.06. On Tuesday morning, the rate was located at the 1,329.53 mark. 

In regards to the near-term future, it is expected that the yellow metal will continue its surge against the US Dollar to the 1,330.00 level.  

Note, the chart was fully reviewed, and some corrections were applied to

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