The price of (Silver) settled with a sharp decline in its last intraday trading, amid the emergence of the negative signals on the (RSI), after reaching overbought levels, to surpass the support of EMA50, in its last move, intensifying the negative pressure around the price, to approach from leaning on a minor bullish trend line that supports the price move on the short-term basis as the last attempt for gaining the bullish momentum that might assist it to recover again.
Pepe’s currency price (PEPEUSD) settled lower in latest intraday trading amid positive signals from the Stochastic after reaching oversold levels, as the price tries to vent off oversold saturation there, amid the dominance of the main downward trend as the price trades alongside the secondary short-term trend line, with ongoing negative pressure due to trading below the 50-day SMA.
Therefore we expect the price to decline and target the support of $0.00000927, provided the resistance of $0.00001027 holds on.
Today’s price forecast: Bearish
General Mills’ stock price (GIS) extended its losses in latest intraday trading, amid the dominance of the main downward trend as the price trades alongside the secondary short-term trend line, with ongoing negative pressure due to trading below the 50-day SMA, coupled with negative signals from the Stochastic, which return after the stock previously vented off some oversold saturation there.
Therefore we expect the price to decline and target the support of $47.57, provided the resistance of $55.15 holds on.
Today’s price forecast: Bearish
The price of (Gold) kept declining its last intraday trading, to break our morning target at the main support at $3,300, to settle below it until this moment as a signal for confirming breaking it technically, amid the dominance of the bearish correctional trend on the short-term basis and its trading alongside basis line, with the continuation of the emergence of the negative signals on the (RSI), despite reaching oversold levels, which might suggest decelerating the price decline temporarily.