Gold price surged sharply during its recent intraday trading, managing to break above the $5,100 resistance level, a level we had previously identified as a price target in our earlier analysis. This breakout reflects a clear improvement in risk appetite, particularly as the price benefited from dynamic support generated by its stability above EMA50, reinforcing the bullish momentum.

This performance comes amid the dominance of a short-term bullish sub-wave, with price movements tracking along a supportive trend line for this path, reflecting consistency in the positive technical structure. Accordingly, holding above the $5,100 level could pave the way for targeting new highs in the upcoming period.

The (EURUSD) price extended its gains in its last intraday trading, benefiting from the stability of the key support at 1.1775, which formed a launch base that reinforced the bullish momentum, which intensified with the emergence of positive signals from relative strength indicators providing technical momentum that helped it to improve its stability on short-term basis.

This improvement culminated in a breakout of a short-term bearish corrective trend line, indicating a relative change in the technical outlook, before reaching EMA50’s resistance, attempting to get rid of its negative pressure. The price success in surpassing the average level and holding above it might reinforce the chances of extending the gains.

Dash (DASHUSD) price recorded a decline in its latest intraday trading, amid full dominance of the main bearish trend in the short term, with continued negative pressure resulting from trading below its 50-day SMA, which increases the surrounding downside pressure and has contributed to the ongoing decline. However, the Stochastic indicator has started to show a positive crossover after reaching deeply oversold levels, which could help the price stabilize in the near term, especially as it approaches the key support level at $32.25.

Therefore we maintain a neutral outlook for the cryptocurrency’s upcoming intraday trading sessions, awaiting price behavior around the mentioned support level at $32.25. If this support holds, it could push the price higher toward the resistance level at $38.25.

Today’s price forecast: Neutral

Lockheed Martin Corporation (LMT) stock price recorded continued gains in its latest intraday trading, amid the dominance of the main bullish trend over both the medium and short term, while moving alongside major and minor upward trendlines. The stock benefits from dynamic positive support represented by trading above its 50-day SMA, in addition to the formation of a positive divergence on the Stochastic indicator after reaching deeply oversold levels relative to price action, accompanied by emerging positive signals.

Therefore we expect the stock price to rise during its upcoming trading sessions, targeting the first main resistance level at $680.00, with opportunities for a potential breakout above it.

Today’s price forecast: Bullish