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Update: Gold price under the negative pressure
Gold price strong negative pressure to break 1913.15 level and settles below it, as it completed forming head and shoulders’ pattern that its signs appear on the chart, to turn to decline for the rest of the day, paving the way to suffer new losses that start by testing 1890.00 as a first main station, noting that the bearish bias will remain dominant unless breaching 1916.65 and holding above it.
Procter & Gamble receives positive support - Analysis - 12-09-2023
Procter & Gamble's stock (PG) surged in the intraday levels after leaning on the main upward trend line in the medium term, while also leaning on the support of the 50-day SMA, lending the stock some positive momentum that helped it clutch those gains, with positive signals from the RSI despite reaching overbought levels.
MoreRobinhood rises alongside downward correctional trend line - Analysis - 12-09-2023
Robinhood's stock (HOOD) rose in the intraday levels, while trading alongside the downward correctional trend line in the short term, with negative pressure from the 50-day SMA, coupled with negative signals from the RSI after reaching overbought levels.
MoreSpotify tries to regain footing - Analysis - 12-09-2023
Spotify Technology's stock (SPOT) rose in the intraday levels, with positive signals from the RSI, as it also vented off overbought saturation in the RSI with negative signals out of them, coupled with positive support from the 50-day SMA, amid the dominance of the main upward medium-term trend.
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