Crude oil price rallied upwards strongly to succeed reaching our extended target at 83.27 and settles near it, and the way seems open to continue the rise in the upcoming period, noting that breaching this level will push the price to 85.55 as a next positive target, while holding above 81.00 represents key condition to continue the bullish trend.

Gold price succeeded to achieve our second target at 1786.50 and breached it to confirm the continuation of the bullish trend domination of the intraday and short term basis, paving the way to achieve more gains that start at 1815.00 and extend to 1850.00, taking into consideration that holding above 1786.50 represents the first condition to continue the expected rise.

The EURUSD pair managed to touch our waited target at 1.0515 and attempts to breach it, to support the chances of achieving more positive targets that reach 1.0600 as a next main station, noting that failing to surpass 1.0515 might press on the price to decline and test 1.0285 areas again before any new attempt to rise.

XPeng's stock (XPEV) surged in the intraday levels even after reporting a net loss in the third quarter compared to last week, while missing Wall Street forecasts by a wide margin, however the company signalled reaching a bottom to falling deliveries, with the stock spiking 47.28% in the last session, or 3.47 points, settling at 10.81, with trading volumes surpassing 173.5 million shares, above 10-day averages of 42.3 million shares. 

Technically, the stock pierced the downward short-term trend line, with positive signals from the RSI, shaking off negative pressure from the 50-day SMA, starting an ascending correctional wave in the short term. 

Therefore we expect more gains for the stock, targeting the first resistance at 13.42, provided the support of 6.88 holds on.

Expected trend for today: Bullish