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End of day analysis for Gold 16-08-2019

Economies.com
2019-08-16 18:57PM UTC

Gold price tested 1503.24 level and bounced bullishly from there, noticing that stochastic begins to provide positive overlapping signal now, waiting to motivate the price to resume the main bullish trend, which targets 1560.00 level as a next main station, while achieving it conditions holding above 1483.60.

Honeywell sharpens decline - Analysis - 16-08-2019

Economies.com
2019-08-16 13:29PM UTC

Honeywell's stock fell in the intraday levels amid negative pressure from the 50-day SMA, with negative signals from the RSI, amid the dominance of the downward correctional wave in the short term after piercing the main upward trend line recently. 

 

Therefore we expect more losses for the stock, especially if the support of 162.66 was breached, targeting the next one at 153.63. 

 

Expected trend for today: Bearish 

Goldman Sachs leans on upside trend line - Analysis - 16-08-2019

Economies.com
2019-08-16 13:28PM UTC

Goldman Sachs' stock fell in the intraday levels to lean on the upward medium-term trend line, with negative pressure from the 50-day SMA, with negative signals from the RSI, exhausting positive chances to recover. 

 

Therefore we expect the stock to return higher, provided the support of 193.84 held on, targeting the resistance of 208.20. 

 

Expected trend for today: Bullish  

Walt Disney dominated by descending wave - Analysis - 16-08-2019

Economies.com
2019-08-16 13:28PM UTC

Walt Disney's stock fell in the short term with negative pressure from the 50-day SMA, with negative signals from the RSI, while correcting the main upward medium-term trend. 

 

Therefore we expect the stock to return higher, provided the support of 130.74 holds on, targeting the resistance of 142.30. 

 

Expected trend for today: Bullish 

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What is the price of Gold today?

The price of Gold is $3342.980 (2025-07-14 20:55PM UTC)