| Positions | Today | Yesterday | Change |
|---|---|---|---|
| Longs | 66% | 68% | -2.8% |
| Shorts | 34% | 32% | 5.4% |
| Indicator | 4H | 1D | 1W |
| MACD(12;26;9) | Buy | Sell | Sell |
| RSI(14) | Neutral | Neutral | Neutral |
| Stochastic(5;3;3) | Neutral | Sell | Neutral |
| Alligator(13;8;5) | Buy | Sell | Sell |
| SAR(0.02;0.2) | Sell | Sell | Sell |
| Aggregate | ⇒ | ⇓ | ⇘ |
[ANNOUNCE]The yellow metal's price decreased by 134 pips or 0.75% on Tuesday. The decline was stopped by the 55– hour simple moving average at 1784.1 during Tuesday's trading session.[/ANNOUNCE]
Currently, the commodity is trading near the lower boundary of an ascending channel pattern and could be set for a breakout.
If the breakout occurs, a decline towards the 1765.00 area could be expected within this session.
However, if the channel pattern holds, buyers might pressure the XAU/USD exchange rate higher today.