Gold price rallied upwards strongly to succeed achieving our first target at 2000.00 and surpassed it to approach the second waited target at 2009.30, and the way seems open to continue the rise and surpass this level to achieve additional gains that reach 2030.00, taking into consideration that failing to breach it will push the price to rebound bearishly and head towards 1975.00 mainly.
Costco Wholesale Corporation's stock (COST) rose in the intraday levels, while gathering momentum and venting off overbought saturation in the RSI, amid the dominance of the upward medium-term trend, as the stock trades alongside the short-term secondary trend line, with positive pressure from the 50-day SMA.
Therefore we expect more gains for the stock, targeting the resistance of 599.90, provided the support of 571.16 holds on.
Expected trend for today: Bullish
Eli Lilly and Company's stock (LLY) rose in the intraday levels, while leaning on the support of the 50-day SMA, lending the stock positive momentum, amid the dominance of the main upward trend in the short term, with positive signals from the RSI, after managing to vent off its overbought saturation.
Therefore we expect more gains for the stock, targeting the pivotal resistance of 630.00, provided the support of 557.40 holds on.
Expected trend for today: Bullish
CVS Health Corporation's stock (CVS) fell in the intraday levels, amid negative pressure from the 50-day SMA, with the dominance of the main downward trend in the medium term, with negative signals from the RSI.
Therefore we expect more losses for the stock, targeting the pivotal support of 65.00, provided the resistance of 72.60 holds on.
Expected trend for today: Bearish