| Positions | Today | Yesterday | Change |
|---|---|---|---|
| Longs | 42% | 43% | -4.3% |
| Shorts | 58% | 57% | 3.0% |
| Indicator | 4H | 1D | 1W |
| MACD(12;26;9) | Sell | Sell | Buy |
| RSI(14) | Neutral | Neutral | Neutral |
| Stochastic(5;3;3) | Neutral | Buy | Neutral |
| Alligator(13;8;5) | Sell | Sell | Buy |
| SAR(0.02;0.2) | Buy | Sell | Sell |
| Aggregate | ⇒ | ⇘ | ⇒ |
During Friday's trading session, the yellow metal traded sideways to end the day at 1,290.00. On Monday morning, the rate was located below the 23.60% Fibonacci retracement level at the 1,290.73 mark.
In regards to the near-term future, most likely, the yellow metal will keep trading sideways to stay between the weekly pivot point at the 1,299.44 mark and the 23.60% Fibonacci retracement level at the 1,291.57 mark.
However, today's US Retail Sales release at 12:30 GMT might appreciate the US Dollar against gold to push the rate to the 1,285.00 level.