Positions | Today | Yesterday | % Change | |
Longs | 46% | 48% | -4.35% | |
Shorts | 54% | 52% | 3.70% | |
Indicator | 4H | 1D | 1W | |
MACD (12; 26; 9) | Buy | Buy | Buy | |
RSI (14) | Sell | Sell | Neutral | |
Stochastic (5; 3; 3) | Sell | Sell | Buy | |
Alligator (13; 8; 5) | Buy | Buy | Buy | |
SAR (0.02; 0.2) | Buy | Buy | Buy | |
Aggregate | ⇒ | ⇒ | ⇑ |
The yellow metal's price has broken past the 1,280 mark, which managed to hold off the metal for a couple of hours.
On Friday morning, an ascending pattern was noticed. It can be mapped by connecting the high levels of early August 8 trading hours and the early high level of August 10. In that way the resistance line can be observed. However, the possible support line of a channel might be pinpointed by setting the parallel line at the August 8 low level.
In the meantime., it can be observed on various charts that there are no notable resistance levels until the 1,290 mark.