| Positions | Today | Yesterday | % Change | |
| Longs | 29% | 28% | 3.45% | |
| Shorts | 71% | 72% | -1.41% | |
| Indicator | 4H | 1D | 1W | |
| MACD (12; 26; 9) | Buy | Buy | Buy | |
| RSI (14) | Neutral | Sell | Sell | |
| Stochastic (5; 3; 3) | Neutral | Neutral | Sell | |
| Alligator (13; 8; 5) | Neutral | Buy | Buy | |
| SAR (0.02; 0.2) | Sell | Buy | Buy | |
| Aggregate | ⇒ | ⇗ | ⇒ | |
During Wednesday's morning hours, the yellow metal was located between the 55-hour and the 100-hour simple moving averages at the 1,314.09 level.
In regards to the near-term future, it is expected that the 100-hour simple moving average will resist the gold for the rest of the day to pressure the yellow metal to trade between the 55-hour and the 200-hour SMAs at the 1,312.00 level.
On the other hand, the yellow metal could trade sideways between the 100-hour and the 55-hour simple moving averages to stay at the 1,315.00 level for the rest of the trading session.