The price of Crude oil  has dropped sharply in its recent intraday trading , surrendering to the surrounding negative pressures amid the dominance of the downward trend, with negative signals appearing on the Relative Strength Index (RSI).

The price of gold (GOLD) has slipped lower in its recent intraday trading, stabilizing again below the $3,000 level, amid the dominance of a downward corrective trend in the short term basis. A negative overlapping signals are appearing on the Relative Strength Index (RSI), after reaching overbought levels, suggesting the formation of a negative divergence.

The EURUSD pair stabilized below the 1.0945 level in its recent intraday trading, amid the dominance of a downward corrective wave on the intraday levels and trading along a downward trendline. Negative signals are emerging from the Relative Strength Index (RSI), after the price managed to alleviate its oversold condition during earlier trading.

Oklo’s stock price surged in latest intraday trading after leaning on the important support of $17.15, lending the price some positive momentum which helped it recoup some recent losses, amid the dominance of the downward correctional trend in the short term, with negative signals from the Stochastic, while the price is hurt by a negative technical pattern that formed in the short term, the Head and Shoulders pattern.

Therefore we expect the price to return lower as long as it settles below $23.60, targeting the support of $17.15 anew.

Today’s price forecast: Bearish