Trending: Oil | Gold | BITCOIN | EUR/USD | GBP/USD

Free Gold Trading Signal – XAUUSD - By BestTradingSignal - 8/6/2025

Economies.com
2025-08-06 07:53AM UTC
AI Summary
  • BestTradingSignal.com has issued a new signal for gold (XAUUSD), with multiple profit targets and a defined risk management level
  • The signal advises selling XAUUSD in the entry zone of 3375-3377, with take profit targets at 3372, 3368, 3360, and 3350, and a stop loss at 3387
  • Traders are advised to monitor price action and manage their positions accordingly, with the expectation of short-term bearish movement in gold

As part of today’s intraday outlook, BestTradingSignal.com, featured by Economies.com, has issued a new signal for gold (XAUUSD), offering multiple profit targets and a well-defined risk management level.

Trade Details:

  • Pair: XAUUSD (Gold vs US Dollar)
  • Action: SELL
  • Entry Zone: 3375 – 3377

Take Profit Targets:

  • TP1: 3372
  • TP2: 3368
  • TP3: 3360
  • TP4: 3350

Stop Loss:

3387

Market Insight:

This signal reflects a short-term bearish expectation for gold. The entry zone is well-placed for potential downside movement, with risk controlled through a defined stop loss. Traders are advised to monitor price action around the entry range and manage their positions accordingly.

For more high-accuracy signals:

Disclaimer: All trading signals provided are for educational and analytical purposes only. They do not constitute financial advice or a direct recommendation to buy or sell any financial instrument. Trading in financial markets involves significant risk and may result in the loss of your capital. Always seek independent financial advice before making any investment decisions.

coffee price resists the negative pressures– Forecast today – 6-8-2025

Economies.com
2025-08-06 04:47AM UTC

Despite the strong negative pressure on coffee prices due to its stability below the support of the broken minor channel’s support at 311.00 besides providing negative momentum by the main indicators, but its stability above the support base at 276.70 supports the chances for forming bullish waves, to fluctuate near 297.50.

 

Stochastic attempt to provide positive momentum that will increase the chances for targeting 311.00 level, surpassing it is important for regaining the bullish bias, then begin recording several gains by its rally to 328.00.

 

The expected trading range for today is between 284.00 and 311.00

 

Trend forecast: Bullish

 

 

The EURJPY is under negative threat– Forecast today – 6-8-2025

Economies.com
2025-08-06 04:45AM UTC

Despite the rally of the EURJPY pair yesterday above 170.45 level, that will not confirm regaining the bullish bias due to the continuation of the main indicators’ contradiction besides forming a strong extra barrier against the current trading.

 

And that makes us wait for gathering the negative momentum again, which allows it to resume gathering the gains and forming bearish correctional waves to target 169.35 reaching the extra support near 168.45.

 

The expected trading range for today is between 169.35 and 171.25

 

Trend forecast: Bearish

 

The GBPJPY surrenders to the negative pressures– Forecast today – 6-8-2025

Economies.com
2025-08-06 04:44AM UTC

The GBPJPY pair repeated its fluctuation below the barrier at 196.60 level, forcing it to activate with stochastic negativity, forming new bearish waves to press on the moving average 55 at 195.35.

 

We expect forming sideways trading, but its repeated negative stability below 196.60 confirms its surrender to the bearish scenario, which forces it to suffer extra losses by reaching 194.55 followed by 50%Fibonacci correction level at 194.10.

 

The expected trading range for today is between 194.10 and 196.00

 

Trend forecast: Bearish

Frequently asked questions

What is the price of Gold today?

The price of Gold is $3394.470 (2025-08-08 05:55AM UTC)