Facebook strives to regain footing - Analysis - 18-12-2019

Ford Motor Company's stock ended flat in the previous session while gathering momentum and venting off overbought saturation in the RSI, with positive support from the 50-day SMA.

Crude oil price resumes its positive trading clearly to attack 60.90 level and begins breaching it, which supports the continuation of our bullish overview, paving the way to head towards 62.30 that represents our next main station, reminding you that the continuation of the bullish wave depends on the price stability above 59.95.

Gold price shows slight bearish bias in attempt to resume the correctional bearish trend, to keep the bearish trend active on the intraday and short term basis, which targets 1461.00 followed by 1447.00 levels initially, reminding you that it is important to hold below 1489.00 to continue the expected decline.