Gold extended its gains in its last intraday trading, preparing to reach $4,800 key resistance level, supported by its continued trading above EMA50, reinforcing the stability of the bullish corrective trend on the short-term basis, noticing the emergence of the positive signals from the relative strength indicators, after reaching oversold levels.

(EURUSD) prices rose in their last trading on the intraday basis, taking advantage of the positive signals from the relative strength indicators, after forming positive divergence that helped the pair to gain more bullish momentum, amid the dominance of the bullish corrective trend on the short-term basis, with the continuation of the positive pressure due to its trading above EMA50.

Monero (XMRUSD) price resumed its decline in its latest intraday trading, continuing its attempts to gain positive momentum that could help it recover and move higher again. The price is currently resting on the support of its 50-day SMA, while being affected by its earlier breakout from a descending price channel that had limited its short-term movements. This comes as positive signals begin to emerge from the Stochastic indicator after reaching deeply oversold levels.

Therefore we expect the cryptocurrency price to rise during its upcoming intraday trading sessions, as long as support at $320.00 remains intact, targeting the resistance level at $347.50.

Today’s price forecast: Bullish

BlackRock, Inc. (BLK) stock price surged in its latest intraday trading, succeeding in breaking above the key and psychological resistance level of $1,000. This resistance represents the ceiling of a positive technical pattern formed at the end of a short-term corrective bearish wave, represented by a double bottom, accompanied by a noticeable increase in trading volumes—a technical signal confirming the validity of this breakout. The price is currently in contact with resistance at its 50-day SMA, as it attempts to overcome this negative pressure.

Therefore we expect the stock price to rise during its upcoming trading sessions, especially as long as it remains stable above $1,000, targeting the resistance level at $1,060 as a price target for the formed double bottom pattern.

Today’s price forecast: Bullish