| Positions | Today | Yesterday | Change |
| Longs | 36% | 35% | 2.8% |
| Shorts | 64% | 65% | -1.6% |
| Indicator | 4H | 1D | 1W |
| MACD(12;26;9) | Buy | Buy | Buy |
| RSI(14) | Neutral | Neutral | Sell |
| Stochastic(5;3;3) | Neutral | Neutral | Neutral |
| Alligator(13;8;5) | Buy | Buy | Buy |
| SAR(0.02;0.2) | Buy | Buy | Buy |
| Aggregate | ⇗ | ⇗ | ⇗ |
During Tuesday's trading session, the yellow metal was trading between the 200-hour and the 100-hour SMAs. During Wednesday's morning hours, the 100-hour simple moving average supported the rate at the 1,310.50 mark.
In regards to the near-term future, it is expected that the 55-hour and the 100-hour SMAs will push the rate to break the resistance of the 200-hour simple moving average.
In addition, today's US CPI and Core CPI data release at 13:30 GMT might support the US Dollar to appreciate against the gold to trade at the 1,314.00 level.