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

Gold prices breach our expected target- Analysis-01-12-2025

Economies.com
2025-12-01 02:01AM UTC

Gold extended its gains in recent intraday trading, breaching the key resistance at $4,225, which represents potential target in our previous analysis. This rise was supported by the negative signals of the relative strength indicators, despite reaching overbought levels, indicating the strength of the dominant momentum.

 

Gold also gets dynamic support by its trading above EMA50, which reinforces the stability of the minor bullish wave on short-term basis, especially with its trading alongside main and minor supportive trend line for this trend, providing an opportunity for more upside moves unless it faces clear pressures in the near period.

 

 

EURUSD price reaches key resistance-Analysis-01-12-2025

Economies.com
2025-12-01 01:55AM UTC

The (EURUSD) price rose in its last intraday trading, reaching key resistance at 1.1605, taking advantage of the dynamic support due to its trading above EMA50, reinforcing the bullish trend, especially with the dominance of bullish corrective wave on a short-term basis.

 

These moves accompanied by the positive signals of the relative strength indicators, indicating gradual improvement and supports the likelihoods of breaching the above-mentioned resistance, unless strong selling pressure appears to obstruct this technical rally.

 

 

Evening update for Bitcoin (BTCUSD) -28-11-2025

Economies.com
2025-11-28 16:34PM UTC

The (BTCUSD) price declined in its last intraday trading, to continue its fluctuating trading, attempting to gain bullish momentum that might help it to recover and rise again, amid the continuation of the dynamic pressure that is represented by its trading above EMA50, reinforcing the dominance of bullish corrective wave on the short-term basis and its trading alongside trend line.

 

 

Evening update for crude oil -28-11-2025

Economies.com
2025-11-28 16:32PM UTC

The (crude oil) extended its gains in its last intraday trading, getting rid of the negative pressure on the EMA50, accompanied by breaching the key resistance level at $59.00, announcing its full recovery in the upcoming period, affected by breaching minor bearish trend line on the short-term basis.