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Update: Gold price touches the target

Economies.com
2021-04-01 16:25PM UTC

Gold price succeeded to achieve our waited target at 1727.00 and attempts to breach the bearish channel’s resistance, which hints the price head to achieve more potential gains in the upcoming sessions, but we need to get a daily close above the mentioned level to confirm the continuation of the rise and open the way to head towards 1765.00.

 

On the other hand, we should note that failing to achieve the breach will put the price under negative pressure that its targets begin at 1692.00.

Update: The EURUSD tests the resistance

Economies.com
2021-04-01 16:25PM UTC

The EURUSD pair trades with clear positivity to test the key resistance 1.1780 now, which urges caution from the upcoming trading, as the price needs to hold below this level to keep the bearish trend valid for the upcoming period, supported by the EMA50, reminding you that our next target is located at 1.1605.

Pfizer returns higher - Analysis - 01-04-2021

Economies.com
2021-04-01 10:08AM UTC

Pfizer's stock (PFE) returned higher with a 0.33% profit amid the dominance of the upward correctional short-term wave, with positive support from the 50-day SMA, countered with negative signals from the RSI after reaching overbought levels, while venting off overbought saturation out of it. 

 

Therefore we expect more gains for the stock, targeting the resistance of 37.25, provided the support of 35.45 holds on.

 

Expected trend for today: Bullish

Amazon ends cautiously higher - Analysis - 01-04-2021

Economies.com
2021-04-01 10:08AM UTC

Amazon's stock rose 1.27% in the last session amid positive signals from the RSI, with negative pressure from the 50-day SMA, while hurt by piercing the main upward trend line recently. 

 

Therefore we expect the stock to return lower, targeting the pivotal support of 2,872 anew, provided the resistance of 3,167 holds on.

 

Expected trend for today: Bearish 

Frequently asked questions

What is the price of Gold today?

The price of Gold is $3358.100 (2025-07-11 22:05PM UTC)