| 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 | ⇒ | ⇒ | ⇗ | |
[ANNOUNCE] The yellow metal has generally maintained its position against the US Dollar during the previous two sessions.[/ANNOUNCE] It tried to push higher early on Monday but was nevertheless stopped by the 55-, 100– and 200-hour SMAs. As a result, the pair fell back down to the 1,291.00 mark.
Technical indicators suggest that the rate might continue its movement south in this session, as well. A possible target is the 1,285.00 mark where the senior channel and the 61.80% Fibonacci retracement are located.
If looking to the upside, it is unlikely that bulls gather the necessary momentum to dash through the strong resistance of the aforementioned SMAs near 1,295.00.