Gold price broke 1485.00 level strongly and attempts to hold below it, to hint the price head to decline in the upcoming sessions, waiting to get a daily close below the mentioned level to confirm the continuation of the bearish bias towards 1447.00 that represents the next negative target, while the EMA50 forms negative pressure that supports the chances of continuing the decline.
The EURUSD pair traded positively after confirming the stability above the bearish channel’s resistance, getting continuous positive support by the EMA50, to keep the bullish trend scenario active in the upcoming sessions, reminding you that our main target is located at 1.1180, while achieving it requires holding above 1.1000 and 1.0975 levels.
Alphabet's stock climbed in the short term while trading alongside the main upward trend line with positive signals and pressure from the RSI and the 50-day SMA.
Therefore we expect more gains, targeting the resistance of 1265.18.
Expected trend for today: Bullish
Apple's stock rallied on Friday, tackling the resistance of 233.45, amid the dominance of the main upward trend with positive support from the 50-day SMA and the RSI.
Therefore we expect the stock to rise and target the resistance of 242.87.
Expected trend for today: Bullish