| Positions | Today | Yesterday | % Change | |
| Longs | 52% | 52% | 0.00% | |
| Shorts | 48% | 48% | 0.00% | |
| Indicator | 4H | 1D | 1W | |
| MACD (12; 26; 9) | Sell | Sell | Buy | |
| RSI (14) | Neutral | Neutral | Neutral | |
| Stochastic (5; 3; 3) | Sell | Neutral | Neutral | |
| Alligator (13; 8; 5) | Neutral | Sell | Buy | |
| SAR (0.02; 0.2) | Buy | Buy | Sell | |
| Aggregate | ⇒ | ⇒ | ⇒ | |
The XAU/USD pair has broken the previously drawn descending pattern. However, during the first part of Monday's trading session, a new junior ascending channel has been revealed.
By the end of Friday's session, the price commodity has moved past a strong resistance cluster formed by the combination of the 55– and the 100– hour SMAs near the 1310.9 mark. Furthermore, after piercing the 38.20% Fibonacci retracement level, the pair began to decline.
This decline could be stopped either by the 100– hour SMA or the lower boundary of the newly ascending pattern.