| Positions | Today | Yesterday | Change |
|---|---|---|---|
| Longs | 32% | 31% | 3.7% |
| Shorts | 68% | 69% | -1.7% |
| Indicator | 4H | 1D | 1W |
| MACD(12;26;9) | Sell | Buy | Buy |
| RSI(14) | Neutral | Neutral | Neutral |
| Stochastic(5;3;3) | Buy | Neutral | Neutral |
| Alligator(13;8;5) | Sell | Buy | Buy |
| SAR(0.02;0.2) | Sell | Buy | Sell |
| Aggregate | ⇘ | ⇗ | ⇒ |
Yesterday, the XAU/USD exchange rate dropped to the lower boundary of the short-term ascending channel at the 1,284.00 mark.
During today's morning, the rate was testing the given boundary. From a theoretical point of view, it is expected, that a reversal north could occur in the nearest future. However, note, that gold has to surpass the 200-hour SMA at 1,289. 15.
If the given channel does not hold, it is likely, that a breakout south occurs soon. In this case the exchange rate could target the psychological level located at 1,280.00.