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Evening update for Gold -04-08-2025

Economies.com
2025-08-04 18:03PM UTC
AI Summary
  • Gold price declined in last intraday trading, attempting to offload overbought conditions on RSI
  • BestTradingSignal.com offers professional trading signals for US stocks, crypto, forex, and VIP signals
  • VIP Trading Signals Performance report for July 28 - August 1, 2025 available for viewing on the website

The (Gold) price declined in its last intraday trading, to gather the gains of its previous rises, and attempting to offload some of its clear overbought conditions on the (RSI), especially with the emergence of the negative signals from there, gathering its positive strength on the intraday basis, with the continuation of the positive support that comes from its trading above its EMA50, forming a dynamic support that keeps the stability of the bullish track of the price.

 

 

 

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Evening update for EURUSD -04-08-2025

Economies.com
2025-08-04 18:03PM UTC

The (EURUSD) resumes its fluctuated trading on its last intraday levels, attempting to gain some of the positive momentum that might assist it to get rid of the negative pressures, amid the continuation of the negative pressure that comes from its trading below EMA50, with the emergence of the negative signals on the (RSI), after reaching overbought levels, to offload this condition and opening the way for achieving new bullish wave.

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VIP Signals (Gold, Oil, Forex, Bitcoin, Ethereum, Indices) from €179/month

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VIP Trading Signals Performance – July 28 – August 1, 2025

 

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Tron price surrounded with positive pressures - Analysis - 04-08-2025

Economies.com
2025-08-04 13:01PM UTC

TRON’s price (TRXUSD) continued to climb in recent intraday trading, supported by sustained movement above the 50-period simple moving average, which acts as dynamic support and reinforces the positive trend. This rise is further backed by trading along a primary ascending trendline on the short-term chart, alongside positive signals from the Stochastic indicators, despite entering extreme overbought territory.

 

Therefore, we expect the cryptocurrency’s price to continue rising in upcoming intraday sessions, as long as support at $0.32080 holds, targeting the resistance level at $0.34304.

 

Expected trend for upcoming sessions: Bullish.

 

 

 

 

 

 

 

Litecoin price extends gains - Analysis - 04-08-2025

Economies.com
2025-08-04 13:01PM UTC

Litecoin’s price (LTCUSD) continued to rise in recent intraday trading, supported by a short-term bullish pattern — the falling wedge — along with sustained movement above the 50-period simple moving average and the dominance of a primary uptrend. However, emerging bearish crossover signals from the Stochastic indicators, following extreme overbought conditions, may limit further upside momentum.

 

Therefore, we expect the cryptocurrency’s price to rise in upcoming intraday sessions, as long as support at $108.50 holds, targeting the key resistance level at $122.30.

 

Expected trend for upcoming sessions: Bullish.

 

 

 

 

 

 

 

 

Frequently asked questions

What is the price of Gold today?

The price of Gold is $3368.530 (2025-08-05 06:35AM UTC)