Forecast update for Gold -07-07-2025
AI Summary
- Gold price settled low in last intraday trading due to negative pressure from trading above EMA50 and bearish trend
- RSI signals reaching oversold levels indicate weak sign for negative momentum decrease
- Forecast predicts continued downward trend for Gold trading
The price of (Gold) settled low in its last intraday trading, due to the continuous negative pressure that comes from its trading above the EMA50, and under the dominance of the bearish trend on the short-term basis and its trading alongside a bias line, besides the continuation of the negative signals from the (RSI), reaching oversold levels, considering it as a weak sign for the negative momentum decrease.
Forecast update for EURUSD -07-07-2025
The price of (EURUSD) declined in its recent intraday levels, amid the emergence of the negative signals on the (RSI), after reaching overbought levels, to break the support level at 1.1745, surpassing the support of the EMA50, increasing the negative pressure and reinforcing the possibilities for more correctional declines.
Performance of Gold, Forex, and Oil Signals from BestTradingSignal: +1920 Pips (June 30 – July 3, 2025)
This is the performance summary of last week’s trading signals as shared on Best Trading Signals, one of the trusted providers featured on the trading signals page of Economies.com. The summary includes results for gold, oil, forex pairs, indices, and crypto.
Summary of Pips/Points Performance
| Asset | Performance |
|---|---|
| Gold | +200 |
| Dow Jones | +210 |
| EUR/USD | -90 |
| US Oil | +250 |
| USD/JPY | +60 |
| US Oil | +90 |
| Gold | -100 |
| Bitcoin | +550 |
| GBP/USD | +180 |
| Gold | +220 |
| Gold | +40 |
| Gold | +160 |
| EUR/USD | +90 |
Note: These signals were provided by Best Trading Signals. Economies.com does not provide trading signals directly, but highlights the top-performing providers on its trading signals page.
The coffee price eases the way for a new decline– Forecast today – 7-7-2025
The coffee price confirmed its move to the bearish track by providing several negative closes below the broken support that is represented by the 300.50 level, forming sideways fluctuated moves currently that caused by the attempt of gathering the required negative momentum to resume the negative attack and reaching the negative stations near 272.00 and 241.50.
The price rally above 300.50 and providing positive close will force it to delay the negative attack, and recover some losses by its rally towards 310.50 reaching 38.2%Fibonacci correction level at 327.50
The expected trading range for today is between 272.00 and 300.00
Trend forecast: Bearish