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End of day analysis for Gold 23-10-2020

Economies.com
2020-10-23 16:59PM UTC

Gold price faces negative pressure to attack 1901.80 level and attempts to hold below it, to continue monitoring the price and wait the daily close according to the mentioned level to confirm the next targets clearly, noting that confirming the break will push the price for more decline and head towards 1875.00 followed by 1860.90 levels as next negative stations.

End of day analysis for the EURUSD 23-10-2020

Economies.com
2020-10-23 16:59PM UTC

The EURUSD pair begins providing negative trades after approaching the bullish channel’s resistance that appears on the chart, accompanied by stochastic reach to the thresholds of the overbought areas, waiting to resume the expected bearish trend for today, which depends on the price stability below 1.1880, while its next main target located at 1.1720.

IBM tries to recoup some losses - Analysis - 23-10-2020

Economies.com
2020-10-23 12:46PM UTC

IBM's stock rose 0.61% in the last session off the pivotal support of 115.29, while trying to recoup some past losses and vent off oversold saturation in the RSI, while trading alongside the downward medium-term trend line, with negative pressure from the 50-day SMA. 

 

Therefore we expect the stock to decline and target the support of 104.90, provided the support of 115.29 was breached. 

 

Expected trend for today: Bearish 

Johnson & Johnson tries to vent off oversold saturation - Analysis - 23-10-2020

Economies.com
2020-10-23 12:45PM UTC

Johnson & Johnson's stock (JNJ) rose 0.80% in the last session while venting off oversold saturation in the RSI, after the support of 143.85 held on, lending some positive support, and amid negative pressure from the 50-day SMA.

 

Therefore we expect the stock to return lower, targeting the support of 139.12, provided the support of 143.85 was breached. 

 

Expected trend for today: Bearish 

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What is the price of Gold today?

The price of Gold is $3328.650 (2025-07-15 19:05PM UTC)