| Positions | Today | Yesterday | Change |
|---|---|---|---|
| Longs | 43% | 42% | 3.8% |
| Shorts | 57% | 58% | -2.9% |
| Indicator | 4H | 1D | 1W |
| MACD(12;26;9) | Sell | Sell | Buy |
| RSI(14) | Neutral | Neutral | Neutral |
| Stochastic(5;3;3) | Neutral | Neutral | Neutral |
| Alligator(13;8;5) | Sell | Sell | Buy |
| SAR(0.02;0.2) | Buy | Sell | Sell |
| Aggregate | ⇒ | ⇘ | ⇒ |
On Thursday, gold tested the lower boundary of the descending triangle pattern at 1,282.56.
Given that the price for gold is pressured by the 55– and 100-hour SMAs, it is likely that the XAU/USD exchange rate trades down and re-tests the lower pattern line.
If the given resistance does not hold, it is expected that the rate extends gains and reaches the psychological level at 1,294.00.