| Positions | Today | Yesterday | % Change | |
| Longs | 48% | 47% | 2.08% | |
| Shorts | 52% | 53% | -1.92% | |
| Indicator | 4H | 1D | 1W | |
| MACD (12; 26; 9) | Sell | Buy | Buy | |
| RSI (14) | Neutral | Neutral | Neutral | |
| Stochastic (5; 3; 3) | Sell | Sell | Sell | |
| Alligator (13; 8; 5) | Neutral | Neutral | Buy | |
| SAR (0.02; 0.2) | Buy | Sell | Buy | |
| Aggregate | ⇒ | ⇒ | ⇗ | |
The first part of Monday's session was spent with no changes to the overall market price, as Gold was fluctuating in a narrow range between the 55– and 100-hour SMAs. The latter, reinforced by the bottom boundary of a two-week channel up, was breached late in the evening, thus pushing the rate closer to the 200-hour SMA, the 23.60% Fibo retracement and the monthly PP circa 1,335.00.
Technical oscillators have been pushed in the strongly oversold region, thus pointing to a possible recovery during this session. Thus, the base scenario favours a test of the aforementioned 1,335.00 level and a subsequent surge towards the 55– and 100-hour SMAs.
By and large, moving averages are expected to be strong barriers that should not surrender today.