Gold price shows additional positive trades to breach 1505.00 and attempts to hold above it, which hints the price head to rise in the upcoming sessions, noting that closing the daily candlestick above the mentioned level will confirm the continuation of the bullish bias towards 1524.00 followed by 1555.00 levels as next main stations.
The EURUSD pair resumed its negative trading to move away from the bearish channel’s resistance, which supports the continuation of our bearish overview, which targets 1.0857 level as a next main station, reminding you that it is important to hold below 1.1080 to continue the expected decline.
AT&T's stock rose amid positive signals from the RSI after reaching oversold levels, hinting at positive divergence, amid the dominance of the main upward trend, with positive pressure from the 50-day SMA.
Therefore we expect more gains for the stock, as long as it settles above the 36.47 holds on, targeting the resistance of 38.75.
Expected trend for today: Bullish
ExxonMobil's stock fell after failing to pierce the main downward trend line, with negative signals from the RSI, with the stock trapped between negative pressure from the downward trend line and the 50-day SMA positive support.
Negative pressure seems dominant so we expect a decline as long as the resistance of 74.12 holds on.
Expected trend for today: Bearish