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Evening update for Gold 28-11-2022

Economies.com
2022-11-28 17:50PM UTC

Gold price faces clear negative pressure now to attack the key support 1746.40, which urges caution from the upcoming trading, as closing the daily candlestick below this level will stop the recently suggested positive scenario and press on the price to return to the correctional bearish track again.

Evening update analysis for the EURUSD 28-11-2022

Economies.com
2022-11-28 17:50PM UTC

The EURUSD pair bounced bearishly after approaching our waited target at 1.0515, to head towards testing the key support 1.0285, and as long as the price is above this level, the bullish trend scenario will remain active for the upcoming period, as breaking it will press on the price to turn to decline and achieve negative targets that start at 1.0200 areas.

Apple gathers positive momentum - Analysis - 28-11-2022

Economies.com
2022-11-28 17:52PM UTC

Apple's stock (AAPL) fell in the intraday levels after Wedbush Securities said the iPhone shortage has worsened last week amid ongoing protests at Foxconn, the biggest makers of iPhones, with the stock sliding 1.96%, or 2.96 points, settling at 148.11, with trading volumes surpassing 35.1 million shares, above 10-day averages of 68 million shares.

 

Technically, the stock is attempting to gather some momentum and pierce the downward short-term trend line, while venting off overbought saturation in the RSI, with support from the 50-day SMA.

 

Therefore we expect the stock to return higher, targeting the resistance of 157.50, provided the resistance of 150.40 was pierced.

 

Expected trend for today: Bullish

Activision Blizzard skids - Analysis - 28-11-2022

Economies.com
2022-11-28 10:10AM UTC

Activision Blizzard's stock (ATVI) skidded in the intraday levels after a report that Microsoft might face an anti-trust lawsuit for trying to acquire Activision, sending the stock down 4.07% in the last session, or 3.12 points, settling at 73.47, with trading volumes surpassing 9.1 million shares, above 10-day averages of 6.1 million shares.

 

Technically, the stock pierced the support of the 50-day SMA, with negative signals from the RSI after reaching overbought levels, amid the dominance of the downward correctional trend in the short term.

 

Therefore we expect more losses for the stock, targeting the support of 70.95, provided it settles below 73.70. 

 

Expected trend for today: Bearish 

Frequently asked questions

What is the price of Gold today?

The price of Gold is $3358.100 (2025-07-11 21:55PM UTC)