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Gold attempts to gain positive momentum -Analysis-29-04-2025

Economies.com
2025-04-29 02:57AM UTC

Gold price declined in its recent intraday trading, after hitting the resistance of its EMA50, to gain a positive momentum that might assist it to surpass the oversold conditions pressure, this comes amid the price attempts to offload its overbought conditions that appear clearly on the (RSI).

 

The bullish trend remains the dominant on the short-term basis, with the price move alongside a supportive bias line for this trend.

URUSD attacks key resistance -Analysis-29-04-2025

Economies.com
2025-04-29 02:57AM UTC

EURUSD price rose in its recent intraday trading, supported by the emergence of the positive signals on the (RSI), amid the dominance of the main bullish trend and its trading alongside a minor trend line on a short- term basis.

 

On the other hand, the pair hit the resistance of its EMA50, accompanied by attacking 1.1420, this level remained an obstacle against the price in the last period, to move below it in a tight sideways trading range.

Evening update for Bitcoin -25-04-2025

Economies.com
2025-04-28 16:42PM UTC

Bitcoin declined in its last intraday trading, attempting to gain positive momentum that might assist it to recover and rally in a new rise, amid the dominance of the main bullish trend and its trading alongside the trendline, with the continuation of the positive support due to its trading  above its EMA50.

 

Evening update for crude oil -25-04-2025

Economies.com
2025-04-28 16:48PM UTC

Crude oil prices declined in their last intraday trading, reaching our target at $61.50, facing negative pressure as it surpassed the support of its EMA50, with the emergence of the negative signals on the (RSI).

 

Frequently asked questions

What is the price of Gold today?

The price of Gold is $3339.700 (2025-07-16 08:35AM UTC)