Microsoft Corp’s stock price (MSFT) edged up in the intraday levels, amid the dominance of the downward correctional trend in the short term, while hurt by piercing the main upward trend line in the medium term, with negative signals from the RSI after reaching overbought levels. 

Therefore we expect the stock to return lower, targeting the pivotal support of $389.00, provided the resistance of $426.80 holds on.

Trend forecast: Likely Bearish 

Brent oil price traded with strong negativity to break 75.80$ level and open the way to achieve more decline on the short-term and medium term basis, noting that the next negative station reaches 72.90$, while achieving it required holding below 75.80$.

Crude oil price declined sharply to surpass our waited target at 72.04$ and reach 71.00$ barrier, opening the way to suffer more losses on the intraday and short-term basis, to head towards visiting 70.05$ as a next negative station, noting that holding below 72.04$ is required to confirm the continuation of the bearish trend domination.

Gold price succeeded to achieve our waited targe tat 2483.40$, noticing that the price attacks this level to attempt to confirm breaking it, which hints heading to achieve more decline and additional negative targets that extend to 2444.00$ areas, to keep the bearish trend dominant in the upcoming sessions unless breaching 2483.40$ and consolidating above it.