|
Update: Gold price reaches the extended target
Gold price rallied upwards strongly to reach our extended target at 1960.00, and we need to monitor the upcoming trading carefully, as continuing the rise and breaching this level will extend the bullish wave to achieve additional gains that reach 2000.00$ per ounce barrier, while consolidating against the current rise will press on the price to achieve some bearish correction and visit 1928.60 initially.
Thanks for your feedback.
Adobe tries to shake off negative pressure - Analysis - 17-03-2023
Adobe Systems' stock (ADBE) surged in the intraday levels, after beating Wall Street quarterly profit expectations, with the stock spiking 5.90% in the last session, or 19.68 points, settling at 353.29 with trading volumes approaching 7 million shares, above 10-day averages of 4 million shares.
MoreDidi extends losses - Analysis - 17-03-2023
Didi Global's stock (DIDIY) kept falling in the intraday levels while hurt by piercing the upward trend line in the short term, with negative pressure from the 50-day SMA, coupled with negative signals from the RSI despite reaching oversold levels.
MoreBlackstone touches SMA resistance - Analysis - 17-03-2023
Blackstone INC's stock (BX) rose in the intraday levels, supported by positive signals from the RSI, marking a cautious profit of 0.68% in the last session, or 59 points, and settling at 87.26, amid the dominance of the main downward trend in the medium term, while touching the resistance of the 50-day SMA.
More