| Positions | Today | Yesterday | % Change | |
| Longs | 62% | 63% | -1.61% | |
| Shorts | 38% | 37% | 2.63% | |
| Indicator | 4H | 1D | 1W | |
| MACD (12; 26; 9) | Sell | Sell | Sell | |
| RSI (14) | Buy | Buy | Neutral | |
| Stochastic (5; 3; 3) | Buy | Buy | Buy | |
| Alligator (13; 8; 5) | Sell | Sell | Sell | |
| SAR (0.02; 0.2) | Sell | Sell | Sell | |
| Aggregate | ⇒ | ⇒ | ⇘ | |
The yellow mental shown high volatility against the US Dollar on Tuesday. This decline occurred after the commodity price hit a strong resistance level formed by the 100-hour simple moving average.
By the early hours of Wednesday trading session, the pair has moved closer to the lower boundary of a descending channel and could be set for a breakout within this session.
Everything being equal, the XAU/USD exchange rate is likely to continue its downward movement during the following hours. Meanwhile, technical indicators flash sell signals.