The price of gold declined in its last intraday trading, getting ready to break the main psychological support at $5,000, amid the continuation of the negative pressure due to its trading below EMA50, with the dominance of minor bearish wave on short-term basis and its trading alongside trend line that increases the negative pressure, besides the emergence of negative overlapping signals from the relative strength indicators, after reaching exaggerated overbought levels, compared to the price movement, to indicate forming negative divergence.

Stellar (XLMUSD) price is holding on to sharp and sudden losses in its latest intraday trading, despite the dominance of a short-term bullish wave, with price moving alongside a supporting trendline, supported by its continued trading above its 50-day SMA, which enhances the chances of a near-term recovery. Through this performance, the price is attempting to gain positive momentum that may help it recover and rise again, while also trying to unwind its previously evident overbought conditions on the RSI, especially as negative signals begin to emerge.

Therefore we expect the cryptocurrency price to rise during its upcoming intraday trading sessions, as long as it remains stable above the support level at $0.1670, targeting the key resistance level at $0.1845.

Today’s price forecast: Bullish

AbbVie (ABBV) stock price rose in its latest intraday trading, as the stock attempts to unwind some of its clear oversold conditions indicated by the RSI, especially with the beginning of a positive crossover appearing in the indicator. This comes amid the dominance of a short-term corrective bearish wave, along with continued negative pressure resulting from trading below its 50-day SMA, which reduces the chances of a near-term recovery.

Therefore we expect the stock price to decline during its upcoming trading sessions, as long as it remains stable below the resistance level at $226.85, targeting the key support level at $211.70.

Today’s price forecast: Bearish

Home Depot, Inc. (HD) stock price rose in its latest intraday trading, as the stock attempts to recover part of its previous losses, while also trying to unwind some of its clear oversold conditions indicated by the RSI, especially with the beginning of a positive crossover appearing in the indicator. This comes after the stock was previously affected by breaking a short-term corrective bullish trendline, amid the dominance of a steep minor bearish wave, in addition to continued negative pressure resulting from trading below its 50-day SMA.

Therefore we expect the stock price to decline during its upcoming trading sessions, as long as resistance at $356.50 remains intact, targeting the key support level at $332.00.

Today’s price forecast: Bearish