Gold prices (GOLD) extended their gains during recent intraday trading, to keep recording new record highs, reaching an expected target in our previous analysis at $5,200 resistance level. This strong performance is supported by trading above EMA50, reinforcing the stability and dominance of the main bullish trend on short-term basis.

On the other hand, the relative strength indicators provide supportive positive signals for the bullish track, despite its stability within overbought levels, which might impose fluctuation or temporary profit-taking, without weakening the strength of the dominant bullish trend.

Accordingly, we suggest a rise in gold prices during upcoming intraday trading, especially if it breaches $5,200 resistance, to target its next resistance at $5,400.

The expected trading range is between $5,050 support and $5,350 resistance.

Today’s forecast: Bullish

The (EURUSD) price declined in its last intraday trading, after the stability of our expected target in our previous analysis at1.2025 resistance. This decline represents an attempt to gather its last gains and building a base that may provide bullish momentum to help it resume its strong rise on near-term basis.

The price attempts to offload some of its clear overbought conditions on relative strength indicators, especially with the emergence of negative overlapping signals, amid the continuation of the bullish support due to its trading above EMA50, with the stability of the main bullish trend on short-term basis, and the trading alongside minor trend line.

Therefore, we suggest a rise in (EURUSD)price’s upcoming intraday trading, especially when breaching the mentioned resistance at 1.2025, to target its next resistance at 1.2130.

The expected trading range is between 1.1930 support and 1.2130 resistance.

Today's forecast: Bullish

The (BTCUSD) price rose in its last intraday trading, despite the emergence of negative signals from relative strength indicators, after reaching overbought levels, with the continuation of the negative pressure due to its trading below EMA50, besides the dominance of the main bearish trend on short-term basis, with its trading alongside supportive trend line for this trend.

The (crude oil) price extended its gains in its last intraday trading, preparing to attack the expected target in our previous analysis at $62.00 key resistance level, amid the continuation of the bullish support due to its trading above EMA50, with the emergence of positive signals from relative strength indicators, besides its moves alongside minor bullish trend line on short-term basis.