Evening update for gold-30-07-2026

EURUSD price rose in its last intraday trading, breaching the resistance level at 1.1500, which represents our last expected target, benefiting from the positive support that comes from its trading above EMA50, which represents dynamic support base that reinforces the chances of extending these gains on the near-term basis, with the emergence of the positive signals that comes from the relative strength indicators, despite reaching overbought levels.

Dash (DASHUSD) extended its recent gains in intraday trading, supported by fresh bullish signals from the momentum indicators after they previously reached extremely oversold territory. The cryptocurrency is attempting to stage a corrective rebound within its primary bearish trend, with price action continuing to move alongside a short-term ascending trendline that supports the recovery attempt. However, Dash continues to trade below its 50-period Simple Moving Average (SMA), which is acting as dynamic resistance and limiting the prospects for a sustained recovery in the near term.

General Mills (GIS) advanced in recent intraday trading as the stock remained within a short-term bullish corrective trend, with price action continuing to move alongside an ascending trendline that reinforces the prevailing positive bias. The stock also continues to trade above its 50-day Simple Moving Average (SMA), which is acting as dynamic support and strengthening the prospects for an extension of the recent gains in the near term. Meanwhile, momentum indicators continue to generate fresh bullish signals after previously reaching extremely oversold territory, further supporting the stock's positive technical outlook.