Evening update for Crude oil price 15-11-2023

Gold price touched our waited target at 1975.00 but it bounced downwards clearly to attack 1962.35 level and attempts to hold below it, and the price needs to consolidate above this level to keep the bullish trend scenario active for the upcoming period, which its targets extend to 2000.00, taking into consideration that closing today below 1962.35 will put the price under additional negative pressure that targets testing 1933.30 areas mainly.

The EURUSD pair settles below 1.0860 level, to hint potential turn to decline, and we need to monitor the upcoming trading, as consolidating below this level will push the price to continue the decline and visit 1.0760 level.

Splunk's stock (SPLK) rose in the intraday levels and pierced the pivotal resistance of 150.65, amid the dominance of the upward trend in the medium and short term, with positive support from the 50-day SMA, coupled with positive signals from the RSI after reaching oversold levels.