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Midday update for Gold 18-09-2023

Economies.com
2023-09-18 12:01PM UTC

Gold price continues to fluctuate around 1929.00 level, waiting to get positive momentum that assist to push the price to breach this level to confirm the continuation of the bullish wave and achieve our main waited target at 1945.20, supported by the EMA50 that carries the price from below.

 

Holding above 1923.00 represents initial condition to continue the expected rise, as breaking it will put the price under negative pressure to test 1913.15 before any new positive attempt.

 

The expected trading range for today is between 1920.00 support and 1945.20 resistance.

 

The expected trend for today: Bullish

Midday update for the GBPUSD 18-09-2023

Economies.com
2023-09-18 12:01PM UTC

The GBPUSD pair shows some slight bullish bias to test 1.2400 barrier, affected by stochastic positivity, while the EMA50 continues to press negatively on the price, to keep our bearish overview that targets 1.2310 as a next main station.

 

Holding below 1.2435 represents the first condition to continue the expected decline, as breaching it represents the key to achieve intraday gains that target testing 1.2505 before any new attempt to decline.

 

The expected trading range for today is between 1.2300 support and 1.2450 resistance.

 

The expected trend for today: Bearish

Midday update for the EURUSD 18-09-2023

Economies.com
2023-09-18 12:00PM UTC

The EURUSD pair didn’t show any strong move since morning, to hover around 1.0660 level, thus, no change to the expected bearish trend scenario for today, which depends on the price stability below 1.0685, while its targets begin by breaking 1.0635 to open the way to head towards 1.0515.

 

The expected trading range for today is between 1.0570 support and 1.0725 resistance.

 

The expected trend for today: Bearish

Marriott International gathers positive momentum - Analysis - 18-09-2023

Economies.com
2023-09-18 11:35AM UTC

Marriott International's stock (MAR) fell in the intraday levels, amid negative signals from the RSI as the stock gathers positive momentum to rise anew, amid the dominance of the main upward trend in the medium and short terms, with positive support from the 50-day SMA.

 

Therefore we expect the stock to return higher, targeting the pivotal resistance of 210.98, provided the support of 197.32 holds on.

 

Expected trend for today: Bullish

Frequently asked questions

What is the price of Gold today?

The price of Gold is $3337.460 (2025-07-04 23:55PM UTC)