| Positions | Today | Yesterday | Change |
|---|---|---|---|
| Longs | 43% | 43% | 0.3% |
| Shorts | 57% | 57% | -0.3% |
| Indicator | 4H | 1D | 1W |
| MACD(12;26;9) | Sell | Buy | Buy |
| RSI(14) | Neutral | Neutral | Neutral |
| Stochastic(5;3;3) | Buy | Neutral | Neutral |
| Alligator(13;8;5) | Sell | Buy | Buy |
| SAR(0.02;0.2) | Sell | Buy | Sell |
| Aggregate | ⇘ | ⇗ | ⇒ |
During Thursday's trading session, the yellow metal depreciated against the US Dollar by the 1633 base points or 1.25% to end the day at 1,285.00. On Friday morning, gold was located above the 23.60% Fibonacci retracement level at the 1,291.93 mark.
In regards to the near-term future, most likely, the yellow metal will trade sideways to end the day above the 23.60% Fibo at the 1,295.00 level.
On the other hand, the resistance of the monthly S1 at 1,295.12 could retrace the rate to push it to depreciate to the 1,285.00 level.