Gold price declined during its latest intraday trading, surrendering to the surrounding bearish pressure with the continuation of its trading below EMA50, which represents dynamic resistance that prevent its recover on the near term, affected by previous break below bullish corrective trend line on the short-term basis, besides the beginning of forming negative divergence on the relative strength indicators, after reaching overbought levels, exaggeratedly compared to the price move with the emergence of negative crossover.

The EURUSD pair declined during its latest intraday trading, to break the key support at 1.1730, to confirm extending the dominant bearish corrective wave on short-term basis, especially with its trading alongside supportive trend line for this path, besides the continuation of the negative pressure due to its trading below EMA50, noticing the emergence of negative signals from the relative strength indicators, after offloading its oversold conditions, opening the way for recording more losses in the upcoming near period.

Solana (SOL/USD) price continued its ascent in its latest intraday trading, driven by its sustained performance above the 50-day SMA. This provides renewed positive momentum that maintains the short-term bullish corrective trend, especially as the price moves alongside a trendline supporting this path. Additionally, positive signals continue to emerge from the Stochastic indicator, despite reaching extremely overbought levels.

Therefore, we expect the cryptocurrency price to rise during its upcoming intraday trading sessions, as long as the support level at 84.25 remains intact, targeting the key resistance level at 90.00.

Expected trend for upcoming trading: Bullish

Linde plc (LIN) stock price declined in its latest intraday trading as the stock attempts to gain positive momentum that could help it recover and rise again. With this latest decline, the price has reached the support of its 50-day SMA, coinciding with its reliance on a short-term rising trendline. In the background, a positive divergence is beginning to form in the Stochastic indicator after reaching deeply oversold levels that are exaggerated relative to price action, with positive signals starting to emerge, enhancing the chances of a recovery in the near term.

Therefore, we expect the stock price to rise during its upcoming trading sessions, as long as the support level at 484.45 remains intact, targeting the key resistance level at 510.65.

Today’s price forecast: Bullish