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

Gold attempts to offload its oversold conditions -Analysis-13-05-2025

Economies.com
2025-05-13 03:07AM UTC

Gold price rose in its recent intraday trading, in attempt to recover some of its previous losses, amid the dominance of the bearish correctional trend on the short-term basis, and its affection by breaking a bullish trendline, and the price is attempting to offload some of its clear oversold conditions on the (RSI), especially with the beginning of the positive signals emergence, offloading this oversold conditions will open the way towards recording more of the losses, especially with the continuation of the negative pressure that comes from its trading below EMA50.

Crude oil price is looking for a rising bottom -Analysis-13-05-2025

Economies.com
2025-05-13 02:59AM UTC

The crude oil declined in its recent intraday trading, amid the emergence of the negative signals on the (RSI), after reaching overbought levels, which makes the price begin looking for a rising bottom to take it as a base that might assist it to gain the required positive momentum to recover.

 

This comes amid crude oil’s trading alongside a bullish correctional trend line on the short-term basis, with the continuation of the positive support that comes from its trading above its EMA50, noticing the reach of the (RSI) to exaggerated oversold levels compared by the price current move, showing the weakness of the selling momentum.

Bitcoin leans on its current support -Analysis-13-05-2025

Economies.com
2025-05-13 02:50AM UTC

The bitcoin price (BTCUSD) rose slightly in its recent intraday trading, affected by the stability of the current support at $102,000, providing it positive support to settle after it attempted to gather its previous gains and gaining positive momentum that might assist it to keep the main bullish trend on the short-term basis within its trading alongside a bias line.

 

 

This comes amid the continuation of the dynamic support that is represented by its trading above its EMA50, with the beginning of positive overlapping signals appearance on the (RSI), after reaching oversold level, exaggeratedly compared by the price movement, which suggests the beginning of forming a positive divergence, that will increase the positive momentum.

Evening update for bitcoin -12-05-2025

Economies.com
2025-05-12 17:49PM UTC

The bitcoin price declined in its intraday trading, amid its attempts to gain a positive momentum that might assist it in rising again, with continuous pressure by the emergence of the negative signals on the (RSI), amid the dominance of the main bullish trend on the short-term basis and its trading with a bias line.

 

 

Frequently asked questions

What is the price of Gold today?

The price of Gold is $3384.760 (2025-07-22 07:15AM UTC)