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Gold is struggling to get rid of its negative pressure - Analysis-14-08-2025

Economies.com
2025-08-14 03:09AM UTC
AI Summary
  • Gold has risen in intraday trading to break free from negative pressure, with the potential for further gains unless overbought momentum continues
  • Gold prices are benefiting from a minor bullish wave on a short-term basis, supported by a bias line for this trend
  • BestTradingSignal.com offers professional trading signals for US stocks, crypto, forex, and VIP signals for gold, oil, forex, bitcoin, ethereum, and indices, with subscription packages available via Telegram

The (Gold) rose in its last intraday trading, to get rid of the negative pressure of the EMA50, that restricted its trading in the last period. This rise came after offloading some of the overbought conditions on the (RSI), opening the way for resuming the rise.

 

Gold prices take advantage of the dominance of minor bullish wave on the short-term basis with its trading alongside a supportive bias line for this trend, reinforcing the chances for achieving more of the gains unless the current overbought momentum continues.

 

 

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EURUSD expands its gains after offloading the overbought conditions-Analysis-14-08-2025

Economies.com
2025-08-14 03:09AM UTC

The (EURUSD) rose in its last trading on its intraday levels, after offloading some of the overbought conditions on the (RSI), opening the way for resuming the rise, taking advantage of the continuation of the minor bullish wave dominance on the short-term basis, with its trading alongside a supportive bias line for this track.

 

The pair gets extra support from its stability above EMA50, reinforcing the possibilities for targeting new resistance on the near-term basis, especially if the current byuing momentum keeps supporting the bullish trading.

 

 

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Evening update for Bitcoin (BTCUSD) -13-08-2025

Economies.com
2025-08-13 18:08PM UTC

The (BTCUSD) witnessed fluctuated trading on the last intraday levels, in attempt to gather the gains of its previous rises, attempting to gain positive momentum that might assist it to rise again, amid the dominance of the main bullish trend and its trading alongside a minor bias line on the short- term basis, taking advantage of the dynamic support that is represented by its trading above EMA50, besides the emergence of the positive signals on the (RSI).

 

 

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Evening update for crude oil -11-08-2025

Economies.com
2025-08-13 18:08PM UTC

The (crude oil) price kept declining in its last intraday trading, to break the support level at $62.00, amid the dominance of minor bearish wave on the short-term basis and its trading alongside supportive trend line for this track, despite the emergence of the positive signals on the (RSI), which attempts to offload the oversold conditions, indicating the strength and the dominance of the sellers on the price movement.

 

 

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VIP Signals (Gold, Oil, Forex, Bitcoin, Ethereum, Indices) from €179/month

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Frequently asked questions

What is the price of Gold today?

The price of Gold is $3347.820 (2025-08-14 13:55PM UTC)