Forecast update for Silver -06-08-2025
AI Summary
- The price of Silver rose in intraday trading, attempting to breach resistance at $37.85 and offload overbought conditions on the 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 price of (Silver) rose in its last intraday trading, to delete its early losses that came by the stability of the resistance at $37.85, attempting to gain positive momentum that might assist it to breach this resistance, and attempts to offload some of the clear overbought conditions on the (RSI), with the emergence of the negative signals, amid its affection by breaching a bearish correctional trend line on the short-term basis, and there is a positive support that comes from its trading above EMA50, reinforcing the chances for the price rise on the near term basis.
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Forecast update for Gold -06-08-2025
The price of (Gold) settled with sharp decline on its last intraday trading, due to the stability of the resistance level at $3,375, with the emergence of the negative signals on the (RSI), attempting to gain positive momentum that might assist it to breach the resistance, amid the dominance of strong bullish wave on the short-term basis, with the continuation of the positive support that comes from its trading above EMA50, reinforcing the stability of the positive scenario.
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Forecast update for EURUSD -06-08-2025
The price of (EURUSD) rose in its last intraday trading, to breach the resistance level at 1.1575, accompanied by getting rid of the negative pressure of the EMA50, announcing its recovery in intraday levels amid the dominance of bullish minor wave, with the emergence of the positive signals on the (RSI), despite reaching overbought levels.
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Free Gold Trading Signal – XAUUSD - By BestTradingSignal - 8/6/2025
As part of today’s intraday outlook, BestTradingSignal.com, featured by Economies.com, has issued a new signal for gold (XAUUSD), offering multiple profit targets and a well-defined risk management level.
Trade Details:
- Pair: XAUUSD (Gold vs US Dollar)
- Action: SELL
- Entry Zone: 3375 – 3377
Take Profit Targets:
- TP1: 3372
- TP2: 3368
- TP3: 3360
- TP4: 3350
Stop Loss:
3387
Market Insight:
This signal reflects a short-term bearish expectation for gold. The entry zone is well-placed for potential downside movement, with risk controlled through a defined stop loss. Traders are advised to monitor price action around the entry range and manage their positions accordingly.
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- Official Website: https://www.besttradingsignal.com
- Full Signal Dashboard: https://www.economies.com/investing/signals
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Disclaimer: All trading signals provided are for educational and analytical purposes only. They do not constitute financial advice or a direct recommendation to buy or sell any financial instrument. Trading in financial markets involves significant risk and may result in the loss of your capital. Always seek independent financial advice before making any investment decisions.