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Gold attempts to offload its oversold conditions -Analysis-13-05-2025
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
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.
MoreBitcoin leans on its current support -Analysis-13-05-2025
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.
MoreEvening update for bitcoin -12-05-2025
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.
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