Gold price found solid support at 1700.00 barrier, to rebound upwards clearly and reach 1724.00 now, hinting the attempt to recover and achieve more intraday gains, which urges caution from the upcoming trading, as continuing the rise and surpassing 1735.00 will lead the price to continue the rise and head towards 1765.00 as a next positive target, while bouncing bearishly from the current areas will press on the price to resume the bearish track that its first target located at 1692.00.
Google's stock (GOOG) rose 2.915 in the last session, tackling the current resistance of 2,134 amid the dominance of the main upward trend in the medium and short terms, with positive support from the 50-day SMA, coupled with positive signals from the RSI after reaching oversold levels.
Therefore we expect more gains for the stock, targeting the resistance of 2,243, provided the resistance of 2,134 was breached.
Expected trend for today: Bullish
Facebooks' stock (FB) rallied 3.39% in the last session while shaking off negative pressure from the 50-day SMA, amid the dominance of the main upward trend in the medium term, with positive signals from the RSI.
Therefore we expect more gains for the stock, targeting the pivotal resistance of 304.50, provided the resistance of 276.90 was breached.
Expected trend for today: Bullish
eBay's stock rose 1.63% in the last session while trading alongside the main upward medium-term trend line, with positive signals from the RSI, while shaking off negative pressure from the 50-day SMA.
Therefore we expect more gains for the stock, targeting the pivotal resistance of 61.00, provided the support of 54.00 holds on.
Expected trend for today: Bullish