| Positions | Today | Yesterday | % Change | |
| Longs | 45% | 46% | -2.22% | |
| Shorts | 55% | 54% | 1.82% | |
| Indicator | 4H | 1D | 1W | |
| MACD (12; 26; 9) | Buy | Buy | Buy | |
| RSI (14) | Sell | Sell | Neutral | |
| Stochastic (5; 3; 3) | Sell | Sell | Sell | |
| Alligator (13; 8; 5) | Buy | Buy | Buy | |
| SAR (0.02; 0.2) | Buy | Buy | Buy | |
| Aggregate | ⇒ | ⇒ | ⇗ | |
As it was expected, most of the previous trading day the yellow metal spent in an advance against the buck.
On the one hand, this movement was triggered by a combined support created by the 55- and 100-hour SMAs. On the other hand, there is also a need to take into account a pressure from the lower trend-line of a rising wedge, which was moving along the above technical indicators.
For this reason, today the pair is expected to make a rebound from the upper trend-line of this long-term formation and, starting from next week, resume the fall towards the monthly R1 at 1,348.36.
However, there is a need to carefully monitor development of the North Korean crisis, as its further escalation might continue to stir interest in the gold.