| 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 | ⇒ | ⇒ | ⇗ | |
The yellow metal remained steady against the US Dollar during the previous session, as it was fluctuating around the 55– and 100-hour SMAs on the given day. A significant fall was stopped by all three moving averages, while resistance was set by the upper boundary of a seven-week descending channel.
This medium-term pattern was breached early today, thus pointing to a possible surge within the remaining part of this week. There is enough upside potential until the 1,318.00 territory where the 38.20% Fibo and the 200-period (4H) SMA are located.
However, it should also be noted that the 200-day SMA is located at 1,310.00. Thus, this session could likewise mark either no changes to its price level or a slight decline down to 1,295.00.