Evening update for Gold -20-05-2025

The (EURUSD) price rose in its last intraday trading, settled above the resistance level at 1.1250, providing signal for its momentum to continue the rise, especially with positive support due to its trading above its EMA50, with the return of the positive signals on the (RSI).

Tron’s currency price (TRXUSD) settled higher in latest intraday trading after managing to shake off negative pressure from the 50-day SMA, while tackling the pivotal resistance of $0.27910675, amid the dominance of the upward short-term trend, with positive signals from the Stochastic despite reaching overbought levels.

Litecoin’s currency price (LTCUSD) kept falling in latest intraday trading, amid the dominance of the downward correctional trend in the short term, with negative pressure from trading below the 50-day SMA, coupled with negative signals from the Stochastic despite reaching oversold level.