You mole appears to be healing fine. The yellow coloration you see is something called fibrin, which is part of wound healing, but many people mistake it for infection. It is definitely better to keep the wound moist, and sometimes this is the appearance you can get with keeping it...
Mole reduction is an appropriate treatment for cosmetic moles that are raised. Hyfrecation and laser work well for this approach. Best, Dr. Karamanoukian Los Angeles
Cosmetic mole removal can be achieved with hyfrecation or laser. There are many non-surgical options that may be appropriate for your mole. Best, Dr. Karamanoukian Los Angeles