| Positions | Today | Yesterday | % Change | |
| Longs | 75% | 73% | 2.67% | |
| Shorts | 25% | 27% | -8.00% | |
| Indicator | 4H | 1D | 1W | |
| MACD (12; 26; 9) | Sell | Sell | Sell | |
| RSI (14) | Neutral | Neutral | Buy | |
| Stochastic (5; 3; 3) | Neutral | Neutral | Neutral | |
| Alligator (13; 8; 5) | Sell | Sell | Sell | |
| SAR (0.02; 0.2) | Buy | Sell | Buy | |
| Aggregate | ⇒ | ⇘ | ⇒ | |
The gold price depreciated 0.21 % since Tuesday's session. On Wednesday morning, the yellow metal was resisted by the 55-hour simple moving average to trade at the 1,187.32 mark.
In regards to the near-term future, most likely, the yellow metal will keep trading sideways to stay at the 1,185.00 level during the trading session.
On the other side, the 55-hour simple moving average could resist the gold to pass through the bottom boundary of the medium ascending pattern to trade at the 1,184.00 level on Wednesday.