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Update: Gold price tests the resistance

Economies.com
2020-10-26 15:25PM UTC

Gold price tested the key resistance 1908.60 and bounced bearishly from there, to keep the bearish trend cenario valid and active until now, supported by the negative pressure formed by the EMA50, noting that the main expected target of the current bearish wave reaches 1860.90.

Update: The EURUSD faces the moving average

Economies.com
2020-10-26 15:24PM UTC

The EURUSD pair returns to test the EMA50 that forms good support base at 1.1800, and the price needs to surpass this level to confirm the continuation of the bearish trend in the upcoming sessions, which targets 1.1720 level as a next station, while the expected decline will remain valid conditioned by the price stability below 1.1880.

3M relinquishes gains - Analysis - 26-10-2020

Economies.com
2020-10-26 12:34PM UTC

3M's stock (MMM) fell off a session-high at 172.05 and amid negative signals from the RSI, while gathering momentum to help it rise and target the stubborn resistance of 166.63, amid positive pressure from the 50-day SMA, while trading alongside the upward medium-term trend line. 

 

Therefore we expect the stock to return higher, targeting the pivotal resistance of 182.17, provided the resistance of 169.65 was breached. 

 

Expected trend for today: Bullish 

Morgan Stanley readies to tackle current resistance - Analysis - 26-10-2020

Economies.com
2020-10-26 12:34PM UTC

Morgan Stanley's stock (MS) rose 0.19% in the last session while readying to tackle the resistance of 53.47, while trading alongside the upward medium-term trend line, with positive support from the 50-day SMA, coupled with positive signals from the RSI. 

 

Therefore we expect more gains for the stock, targeting the record resistance of 57.56. 

 

Expected trend for today: Bullish 

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What is the price of Gold today?

The price of Gold is $3343.610 (2025-07-14 21:05PM UTC)