| Positions | Today | Yesterday | % Change | |
| Longs | 74% | 72% | 2.70% | |
| Shorts | 26% | 28% | -7.69% | |
| Indicator | 4H | 1D | 1W | |
| MACD (12; 26; 9) | Sell | Sell | Sell | |
| RSI (14) | Buy | Neutral | Buy | |
| Stochastic (5; 3; 3) | Buy | Buy | Neutral | |
| Alligator (13; 8; 5) | Sell | Sell | Sell | |
| SAR (0.02; 0.2) | Sell | Sell | Buy | |
| Aggregate | ⇒ | ⇘ | ⇒ | |
The gold price depreciated 1.27% since Thursday's trading session. On Friday, the yellow metal was located below the monthly pivot point at the 1,182.60 mark.
In regards to the near-term future, most likely, the yellow metal will trade downside to the monthly S1 at the 1,166.20 level.
Meanwhile, note that there are medium scale Fibonacci retracement levels in action, which were spotted only on Friday. Namely, the 1,180.00 level, where the 38.20% retracement is located at, needed to be taken into account on Friday. It could provide support and stop the decline.