Gold price slipped lower during its latest intraday trading, preparing to break the key support level at $4,500, which was our morning expected target, amid the dominance of a short-term bearish corrective trend, while the price continues to trade below the EMA50, which is acting as a dynamic resistance and increasing the negative pressure on the market, with the emergence of positive signals on the relative strength indicators after reaching heavily overbought levels.

The EURUSD pair continued to decline during its recent intraday trading, reaching the 1.1590 support level, which was our previously expected targets, amid ongoing negative pressure caused by trading below the EMA50, reinforcing the stability and dominance of the short-term bearish corrective trend, especially as the pair continues to move alongside a steep minor bearish trend line, while relative strength indicators continue to provide negative signals.

Dash (DASHUSD) price declined in its latest intraday trading after facing resistance at its 50-day SMA, which reinforces the stability and dominance of the short-term corrective bearish trend, especially while moving alongside a trend line supporting this path. In the background, we notice the beginning of a negative crossover appearing on the Stochastic indicators after reaching deeply overbought levels, which increases the surrounding negative pressure on the price.

Therefore we expect the digital currency price to decline in its upcoming intraday trading, as long as it remains below the $44.20 resistance level, targeting the $37.15 support level.

Today’s price forecast: Bearish

Micron Technology (MU) stock price slipped lower in its latest intraday trading amid continued negative signals from the Stochastic indicators after previously reaching deeply overbought levels, as the stock attempts to establish a higher low that could serve as a base to gain the positive momentum needed to restore its recovery, while continuing to trade above its 50-day SMA, under the dominance of the main upward trend in the short term.

Therefore we expect the stock price to rise in its upcoming trading, as long as it holds above the $605.00 support level, targeting once again the $818.00 resistance level.

Today’s price forecast: Neutral