Gold prices kept declining during recent intraday trading, amid the dominance of the main bearish trend on the short-term basis, with its trading alongside supportive trend line for this path, besides the continuation of the negative pressure that comes from its trading below EMA50, intensifying the negative pressure on the price, on the other hand, positive overlapping signals begins to emerge from the relative strength indicators, after reaching oversold levels, which might reduce the upcoming losses.

The EURUSD pair kept declining during its latest intraday trading, with the emergence of the negative signals from the relative strength indicators, despite reaching oversold levels, with the continuation of the negative pressure that comes from its trading below EMA50, which reduces the chances of full recovery in the upcoming near period, especially with the dominance of the main bearish trend on the short-term basis.

Litecoin (LTCUSD) price recorded cautious gains in its latest intraday trading, as the cryptocurrency attempts to recover part of its previous losses. During this rebound, it successfully relieved its oversold condition on the Stochastic indicators, with positive signals continuing to emerge from them. However, the price remains under negative pressure from trading below its 50-day SMA, which reinforces the stability and dominance of the main bearish trend in the short term, while moving alongside a trend line supporting this path.

Therefore we expect the digital currency price to decline in its upcoming intraday trading, as long as it remains below the $49.95 resistance level, targeting the $45.95 support level.

Today’s price forecast: Bearish.

UiPath, Inc. (PATH) stock price declined in its latest intraday trading after the key resistance level at $12.40 held firm. The stock is taking profits from its previous gains while attempting to relieve part of its clear overbought condition on the Stochastic indicators, especially with the emergence of negative signals from them. This pullback may help the stock rebuild positive momentum that could support a breakout above that resistance level. Meanwhile, a short-term corrective upward wave remains in control, supported by trading above its 50-day SMA, which acts as a dynamic support level and strengthens the chances of extending the recovery.

Therefore we expect the stock price to rise in its upcoming trading, especially if it succeeds in breaking above the mentioned resistance level at $12.40, targeting the next resistance level at $15.00 afterward.

Today’s price forecast: Bullish.