| Positions | Today | Yesterday | Change |
|---|---|---|---|
| Longs | 40% | 39% | 4.6% |
| Shorts | 60% | 61% | -3.1% |
| Indicator | 4H | 1D | 1W |
| MACD(12;26;9) | Buy | Buy | Buy |
| RSI(14) | Neutral | Neutral | Sell |
| Stochastic(5;3;3) | Buy | Neutral | Sell |
| Alligator(13;8;5) | Neutral | Buy | Buy |
| SAR(0.02;0.2) | Sell | Sell | Buy |
| Aggregate | ⇒ | ⇒ | ⇒ |
Yesterday, the XAU/USD exchange rate revealed a short-term descending channel. During Tuesday morning, the rate was trading at 1,800.00.
From a theoretical point of view, it is likely that the rate could re-test the lower channel line circa 1,791.00 in the nearest future.
Note that yellow metal is pressured by the 55– and 100-hour SMAs near 1,804.00. Thus, it is likely that the rate could trade along the lower channel line in the nearest future.