Gold price rallied upwards sharply to breach 1770.00 and 1780.00 levels and reach the expected positive target of the breach at 1797.00, noting that the price is on its way to achieve more expected rises in the upcoming sessions, noting that breaching the last level will lead the price to achieve more gains that reach 1825.15, while consolidating against the current bullish rally will press on the price to decline towards 1770.00 initially.
The EURUSD pair trades with clear positivity to attack the bearish trend line, which urges caution from the upcoming trading, as the price heads towards potential test to the trend, noting that consolidating above 1.1575 will lead the price to achieve additional gains that start at 1.1615 and extend to 1.1670.
Starbucks' stock (SBUX) rose 0.05% in the last session, settling at 111.00, while trading within a descending price channel that guided recent short-term trading, with negative pressure from the 50-day SMA, coupled with negative signals from the RSI.
Therefore we expect the stock to return lower, targeting the first support at 109.45, provided the resistance of 114.45 holds on.
Expected trend for today: Bearish
Tesla's stock (TSLA) rose 1.74% in the last session, settling at 805.72, amid the dominance of the upward short-term trend, with positive support from the 50-day SMA, coupled with positive signals from the RSI.
Therefore we expect more gains for the stock, targeting the first resistance at 832.65, provided it holds above 779.50.
Expected trend for today: Bullish