| 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 edged higher early on Thursday, but this slight appreciation was stopped by the monthly S2 and the 55-hour SMA at 1,180.00.
As apparent on the chart, the pair was testing a short-term trend-line early on Friday. If this line is breached together with the 55-moving average, bulls are likely to increase in strength which in turn would result in a surge up to the breached senior channel and the 200-hour SMA located near 1,195.00.
Conversely, in case this expected breakout fails to occur, Gold should remain trading along the 55-hour SMA without stepping over the monthly S3 at 1,160.00.