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Gold price attempts to gain bullish momentum - Analysis-30-01-2026

Economies.com
2026-01-30 02:14AM UTC

Gold prices (GOLD) declined during recent intraday trading, affected by the emergence of negative signals from relative strength indicators, after reaching overbought levels, accompanied by the price attempt to look for higher low to use it as a base to regain the bullish momentum and return to rise again.

 

Despite this decline, the price gets strong dynamic support due to its trading above EMA50, reinforcing the stability and dominance of the main bullish trend on short-tern basis, keeping the chances of the recovery valid in the near period.

 

 

EURUSD price is looking for higher low- Analysis-30-01-2026

Economies.com
2026-01-30 02:10AM UTC

The (EURUSD) price declined in its last intraday trading, affected by the emergence of negative signals from relative strength indicators, after reaching overbought levels, attempting to look for higher low to use it as a base that might help it to regains the bullish momentum and rise higher again.

 

On the other hand, the pair remains benefiting from the dynamic support that is represented by its trading above EMA50, reinforcing the stability and dominance of the main bullish trend on short-term basis, especially with its trading alongside supportive trend line, keeping the chances of a recovery valid in the upcoming period.

 

 

Evening update for Bitcoin -29-01-2026

Economies.com
2026-01-29 17:37PM UTC

The (BTCUSD) price slipped lower in its last intraday trading, breaking the suggested target in our previous analysis at $86,000 support, to reach the key support at $84,500 preparing to break it, amid the continuation of the negative pressure due to its trading alongside supportive trend line for this trend, besides the emergence of negative signals from relative strength indicators, despite reaching oversold levels.

 

 

Evening update for crude oil -29-01-2026

Economies.com
2026-01-29 17:34PM UTC

The (crude oil) price declined in its last intraday trading, after reaching our morning expected target at $63.00 resistance, attempting to gain bullish momentum that might help it to breach this resistance, attempting to offload some of its clear overbought conditions on relative strength indicators, especially with the emergence of negative signals from there, amid the dominance of the main bullish trend on short-term basis, with its trading alongside supportive trend line for this track.