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

Gold price keeps its positive momentum despite the slight decline -Analysis-06-08-2025

Economies.com
2025-08-06 03:16AM UTC
AI Summary
  • Gold price saw a slight decline after breaching critical resistance at $3,375, but remains supported by trading above EMA50 and positive signals from RSI
  • BestTradingSignal.com offers professional trading signals for US stocks, crypto, forex, and VIP signals for gold, oil, forex, bitcoin, ethereum, and indices
  • VIP Trading Signals Performance report for July 28 - August 1, 2025 is available for viewing on the website

The (Gold) price declined slightly in its last intraday trading, after its success in breaching the critical resistance at $3,375, supported by its trading above EMA50, amid the dominance of strong minor bullish wave on a short-term basis.

 

Supported by the emergence of the positive signals from the (RSI), after its success in offloading the overbought conditions in the previous moves, opening the way for resuming the gains and targeting new bullish levels.

 

 

 

 

BestTradingSignal.com – Professional Trading Signals

 

Get high-accuracy trading signals delivered directly to your Telegram. Subscribe to specialized packages tailored for the world’s top markets:

 

US Stock Signals from €44/month

Subscribe via Telegram

Crypto Signals from €49/month

Subscribe via Telegram

Forex Signals from €49/month

Subscribe via Telegram

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

Subscribe via Telegram
 
 

VIP Trading Signals Performance – July 28 – August 1, 2025

 

To view the full performance report for this week, visit the following link:

  View Full Performance Report

EURUSD struggles to get rid of its negative pressure-Analysis-06-08-2025

Economies.com
2025-08-06 03:16AM UTC

The (EURUSD) settled with strong rise in its last intraday trading, supported by the emergence of positive signals on the (RSI), and under the dominance of strong minor bullish waves on the short-term basis.

 

This momentum allowed the price to reach the critical resistance level at 1.575, accompanied by its attempts to surpass the negative pressure that comes from its stability below EMA50, as a signal for its attempts to reinforce the breach and resume the rise.

 

 

BestTradingSignal.com – Professional Trading Signals

 

Get high-accuracy trading signals delivered directly to your Telegram. Subscribe to specialized packages tailored for the world’s top markets:

 

US Stock Signals from €44/month

Subscribe via Telegram

Crypto Signals from €49/month

Subscribe via Telegram

Forex Signals from €49/month

Subscribe via Telegram

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

Subscribe via Telegram
 
 

VIP Trading Signals Performance – July 28 – August 1, 2025

 

To view the full performance report for this week, visit the following link:

  View Full Performance Report

Stellar price faces positive outlook - Analysis - 05-08-2025

Economies.com
2025-08-05 12:13PM UTC

Stellar's price (XLMUSD) held onto slight gains in the latest intraday trading, as it attempts to overcome the negative pressure from the 50-period simple moving average and unwind its clear overbought conditions on the Relative Strength Indicators, which continue to emit negative signals. However, the price is also influenced by a positive short-term technical pattern — the falling wedge — which may support a swift recovery once surrounding bearish pressure eases.

 

Therefore, we expect the price to rise in the upcoming sessions, as long as support remains steady at $0.361200, targeting the key resistance level of $0.514783.

 

Today’s price forecast: Bullish.

 

 

 

 

 

Avalanche price faces negative pressure - Analysis - 05-08-2025

Economies.com
2025-08-05 12:13PM UTC

Avalanche's price (AVAXUSD) declined in the latest intraday trading after encountering resistance from the 50-period simple moving average. The cryptocurrency remains under the influence of a short-term corrective bearish wave, with a negative divergence beginning to form on the Relative Strength Indicators. These indicators have entered heavily overbought territory, showing exaggerated levels compared to price action, as negative signals begin to emerge.

 

Therefore, we expect the price to decline in the upcoming intraday sessions, as long as resistance remains firm at $23.15, targeting the support level of $20.60.

 

Today’s price forecast: Bearish.

 

 

 

 

 

 

 

Frequently asked questions

What is the price of Gold today?

The price of Gold is $3395.140 (2025-08-08 06:05AM UTC)