| Positions | Today | Yesterday | % Change | |
| Longs | 50% | 49% | 2.00% | |
| Shorts | 50% | 51% | -2.00% | |
| Indicator | 4H | 1D | 1W | |
| MACD (12; 26; 9) | Buy | Buy | Buy | |
| RSI (14) | Neutral | Neutral | Neutral | |
| Stochastic (5; 3; 3) | Sell | Sell | Sell | |
| Alligator (13; 8; 5) | Buy | Buy | Buy | |
| SAR (0.02; 0.2) | Buy | Buy | Sell | |
| Aggregate | ⇗ | ⇗ | ⇒ | |
After a notable surge on Friday, the last day of July the bullion spent in a steady horizontal movement against the American Dollar. Most likely, today the pair will continue to climb upstairs, supported by the accompanying 55-hour SMA from the bottom. In addition, the surge might be accelerated by announcement of the US ISM Manufacturing PMI at 14:00 GMT. This scenario is supported by the fact that the pair faces no resistance levels up until the combination of the 61.80% Fibonacci retracement level at 1,278.96 and the weekly R1 at 1,279.64. And barrier, most probably, will cause a trend reversal at least in the short-run. By the way, this resistance level coincides with the breakout point of a symmetrical triangle that has recently formed within the two week long ascending channel.