| Positions | Today | Yesterday | % Change | |
| Longs | 55% | 54% | 1.82% | |
| Shorts | 45% | 46% | -2.22% | |
| Indicator | 4H | 1D | 1W | |
| MACD (12; 26; 9) | Buy | Sell | Buy | |
| RSI (14) | Neutral | Neutral | Neutral | |
| Stochastic (5; 3; 3) | Sell | Sell | Neutral | |
| Alligator (13; 8; 5) | Buy | Neutral | Buy | |
| SAR (0.02; 0.2) | Sell | Buy | Buy | |
| Aggregate | ⇒ | ⇒ | ⇗ | |
In result of the previous trading session the price of gold decreased by more than 0.86% amid the better than expected New York Manufacturing Index release and lower interest for safe haven assets.
From technical point of view, this plunge matched with a breakout from the rising wedge pattern, which formed at the intersection of two ascending channels.
The fact that the exchange rate is now located below the 55- and 100-hour SMAs as well as the weekly PP suggests that appreciation of the buck is going to continue at least until the clash with 200-hour SMA near 1,287.05.
The bearish scenario looks more plausible also from daily perspective, as it clearly shows how the pair failed to surge above the monthly PP at 1,304.85.