| 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 | ⇒ | ⇒ | ⇗ | |
The yellow metal was guided by strong upside risks on Wednesday. It hindered near the resistance of the 55-, 100– and 200-hour SMAs, but eventually managed to push through these lines and the prevailing five-week trend-line circa 1.320.00.
Additional push was given by the FOMC policy statement at 1800GMT. As a result, the pair closed the session at a two-week high of 1,335.00. The 23.60% Fibonacci retracement is likewise located nearby.
The current positioning of the rate suggests that some correction south is likely to occur in this session. However, a move below the previously-breached resistance of 1,320.00 is unlikely.
This area is likely to mark a reversal that would allow the pair to resume its upward movement in the senior channel.