XAU/USD surges to medium pattern line

Note: This section contains information in English only.
Source: Dukascopy Bank SA
PositionsTodayYesterdayChange
Longs45%46%-2.8%
Shorts55%54%2.2%
Indicator4H1D1W
MACD(12;26;9)BuyBuyBuy
RSI(14)NeutralNeutralNeutral
Stochastic(5;3;3)NeutralNeutralNeutral
Alligator(13;8;5)BuyBuyBuy
SAR(0.02;0.2)BuyBuySell
Aggregate

During Thursday's trading session, the rate was supported by the 200-hour simple moving average to end the trading day at 1,305.00. On Friday morning, the yellow metal was located at the 1,311.76 mark. 

It is expected that gold might appreciate against the US Dollar to surge to the upper boundary of the descending medium pattern line at 1,315.50. 

Besides, the simple moving averages will support the surge during the day! 

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