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Trending: Oil | Gold | BITCOIN | EUR/USD | GBP/USD
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Gold price attacks the top of a bearish correctional channel -Analysis-01-07-2025

Economies.com
2025-07-01 03:20AM UTC

The (Gold) price extended its gains in its last intraday trading, reaching the top of the bearish correctional channel that limits its previous move on the short-term basis, attempting to breach this negative range and ease the way for a potential reverse in the trend.

 

Despite this rise, the negative pressures remain valid with the continuation of trading below its EMA50, besides the (RSI) reaching the overbought levels, which might expose the price to a profit-taking wave or a corrective pullback on the short-term basis.

 

 

 

EURUSD soars high -Analysis-01-07-2025

Economies.com
2025-07-01 03:20AM UTC

The (EURUSD) kept rising in its last intraday trading, supported by the dominance of the main bullish trend on the short-term basis, and its trading alongside minor and main bias lines, showing the strength of the dominant buying momentum on the pair.

 

This rise is reinforced by the continuation of its trading above EMA50, besides the emergence of the positive signals on the (RSI), despite entering overbought levels that might decrease the gains temporarily, within correctional trading that targets a new momentum.

 

 

Evening update for Bitcoin (BTCUSD) -30-06-2025

Economies.com
2025-06-30 19:01PM UTC

The (BTCUSD) declined in its last intraday trading, amid the emergence of the negative signals on the (RSI), to attempt to gain positive momentum that might assist it to recover and breach the resistance levels that represent threshold against the rise, amid the continuation of the positive pressure due to its trading above EMA50, and under the dominance of bullish correctional wave on the short-term basis.

 

 

Evening update for crude oil -30-06-2025

Economies.com
2025-06-30 19:01PM UTC

The (crude oil) continued its fluctuation moves in tight sideways trading, to create a confused area that detects the upcoming trend on the short-term basis, amid the dominance of bearish correctional wave with the beginning of negative overlapping signals appearance on the (RSI), after reaching overbought levels.

 

 

Frequently asked questions

What is the price of Gold today?

The price of Gold is $3357.620 (2025-07-02 19:55PM UTC)
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