Gold price declined in its last intraday trading, in a profit taking phase after the strong gains that achieved previously, where it attempts to gains bullish momentum that might help it to resume the rise in the upcoming period, this decline comes after breaching the key resistance of $4,155, which was our expected main target, indicating the dominance of the bullish wave on the short-term basis.

Gold is moving alongside supportive trend line for this bullish track, supported by the renewed bullish signs on the relative strength indicators, despite reaching overbought levels that might limit the upside movements. Any current decline represents a chance for taking a breather before any new attempt to reinforce the gains.

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The (EURUSD) price declined in its last intraday trading, due to the stability of the key resistance at 1.1595, indicating a state of anticipation before any attempt to breach this barrier, and the pair is attempting to gain a new bullish momentum that may help it to resume the rise, amid the dominance of bullish corrective wave on the short-term basis and its trading alongside supportive trendline for this track.

The price is supported by the trading above EMA50, besides the renewed positive signals on the relative strength indicators, reinforcing the likelihoods of surpassing the resistance if the bullish momentum continues in its upcoming trading.

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Pepe (PEPEUSD) rose slightly in its latest intraday trading, after finding support at its 50-period simple moving average, which helped it achieve these modest gains. This was accompanied by the formation of a positive divergence on the relative strength indicators after reaching extremely oversold levels compared to the price movement, with positive signals starting to appear. The price continues to move within a short-term corrective uptrend.

Therefore, we expect the digital currency’s price to rise, especially if it breaks above the key resistance level of $0.00000634, targeting the next resistance at $0.00000744.

Today’s price forecast: Bullish.

Dogecoin (DOGEUSDT) rose slightly in its latest intraday trading, as a positive divergence began forming on the relative strength indicators after reaching heavily oversold levels compared to the price movement, with positive signals starting to appear. This coincided with the price rebounding from the support of its 50-period simple moving average, under the influence of a short-term corrective uptrend.

Therefore, we expect the digital currency’s price to rise in its upcoming intraday trading, as long as it remains above the $0.17189 level, targeting the first resistance at $0.18738.

Today’s price forecast: Bullish.