Evening update for Gold -06-08-2025
AI Summary
- Gold price rose to $3,375, approaching resistance level
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The (Gold) price rose in its last intraday trading, to attack the current resistance level at $3,375, amid the dominance of a minor bullish wave on the intraday basis, taking advantage of the dynamic support that comes from its trading above EMA50, to notice that the (RSI) reached oversold levels.
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Evening update for EURUSD -06-08-2025
The (EURUSD) rose higher on its last intraday trading, taking advantage of the continuous positive support from its trading above EMA50, and under the dominance of minor strong bullish wave on the short-term basis, besides the emergence of the positive signals on the (RSI), despite reaching overbought levels.
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Forecast update for Ethereum -06-08-2025
The price of (ETHUSD) rose slightly in its last intraday trading, by reaching the resistance of the EMA50, forming negative pressure that intensified with the dominance of the bearish correctional trend on the short-term basis and its trading alongside a supportive bias line for this trend, after the price success in offloading the clear oversold on the (RSI), opening the way for recording more of the losses.
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Forecast update for Bitcoin -06-08-2025
The price of (BTCUSD) rose carefully in its last intraday trading, supported by the emergence of the positive signals on the (RSI), retesting the critical resistance at $114,500, amid the dominance of the bearish correctional trend on the short-term basis and its trading alongside a supportive bias line for the trend, with the continuation of the negative pressure due to its trading below EMA50, forming dynamic resistance that obstacle the price recovery on the near-term basis.
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Subscribe via TelegramVIP Trading Signals Performance – July 28 – August 1, 2025
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