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Evening update for Gold 26-05-2023

Economies.com
2023-05-26 15:37PM UTC

Gold prices declines again to trade below 1945.20 level, reinforcing the expectations of continuing the domination of the correctional bearish trend, which targets 1913.15 as a next station, reminding you that the continuation of the bearish depends on the price stability below 1945.20 and 1954.00 levels.

Evening update analysis for the EURUSD 26-05-2023

Economies.com
2023-05-26 15:37PM UTC

The EURUSD pair trades with clear negativity now to break 1.0730 level and open the way to resume the expected bearish trend on the intraday and short term basis, motivated by the negative overlapping signal provided by stochastic now, reminding you that our next target is located at 1.0650, while achieving it requires holding below 1.0750.

Marvel Technology witnesses spikes in trading volumes - Analysis - 26-05-2023

Economies.com
2023-05-26 13:22PM UTC

Marvel Technology's stock (MRVL) surged in the intraday levels while buoyed by piercing the downward medium-term trend line previously, with positive support from the 50-day SMA, marking a strong profit of 7.59% in the last session, or 3.49 points, and settling at 49.47, accompanied with a huge spike in trading volumes, with the stock tackling the important resistance of 49.30, with negative signals from the RSI after reaching overbought levels, hindering the advance. 

 

Therefore we expect more gains for the stock, targeting the resistance of 58.40, provided the initial resistance of 58.40 is reliably breached.

 

Expected trend for today: Bullish

Broadcom surges - Analysis - 26-05-2023

Economies.com
2023-05-26 13:21PM UTC

Broadcom's stock (AVGO) rallied in the intraday levels, marking a new high after a profit of 7.25% in the last session, or 49.27 points, and settling at 728.80, amid the dominance of the main upward trend in the short term, with positive support from the 50-day SMA, countered by negative signals from the RSI after reaching overbought levels.

 

Therefore we expect more gains for the stock, targeting the first resistance at 749.40, provided the support of 677.75 holds on.

 

Expected trend for today: Bullish

Frequently asked questions

What is the price of Gold today?

The price of Gold is $3358.100 (2025-07-11 21:54PM UTC)