| 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 | ⇒ | ⇒ | ⇗ | |
Bearish momentum has guided the XAU/USD exchange rate since last Monday. The yellow metal failed to pick up momentum during this time, as it was restricted by the 55-hour SMA. The given line was breached early in the morning, thus pointing to possible appreciation.
It is likely that bulls dominate the market during the following hours. However, gains might not be significant due to the 200-hour, 55– and 100-period (4H) SMAs located nearby at 1,250.00. This level could work as an unbreakable resistance today, at least, thus sending the pair back lower. Technical indicators are likewise bearish.
In terms of support, the 2018 low located at 1,235.00 should remain intact.