Evening update for Gold -11-08-2025
AI Summary
- Gold price fluctuated with negative pressure from trading below EMA50 and breaking a bullish trend line
- Positive signals on RSI after reaching oversold levels led to mixed trading in precious metal
- BestTradingSignal.com offers high-accuracy trading signals for US stocks, crypto, forex, and VIP signals for various markets via Telegram subscription
The (Gold) price witnessed fluctuated moves on its last intraday levels, amid the continuation of the negative pressure that comes from its trading below EMA50, affected by breaking minor bullish trend line on the short-term basis, on the other hand, we notice the emergence of the positive signals on the (RSI), after reaching the oversold levels, which led to a mixed trading in the precious metal, to look for its upcoming trend.
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Evening update for EURUSD -12-08-2025
The (EURUSD) rose in its last intraday trading, due to the stability of the critical support at 1.1610, gaining positive momentum that helped it to achieve these gains, recovering yesterday’s losses, amid the dominance of a bullish correctional wave on the short-term basis and its trading above EMA50, besides the emergence of the positive signals on the (RSI).
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Ripple price tries to regain footing - Analysis - 12-08-2025
Ripple (XRPUSD) price rose slightly in its latest intraday trading, moving along a short-term ascending trendline and supported by continued trading above its 50-day SMA. The recent advance came after successfully easing its clear overbought conditions on the RSI, giving it more room to achieve further gains.
Therefore, we expect the price to rise in the upcoming intraday trading, as long as the support level of 2.7387 holds, targeting the key resistance level of 3.6662.
Today’s price forecast: Bullish.
dogwifhat price exhausts positive chances - Analysis - 12-08-2025
dogwifhat (WIFUSD) price held lower in its latest intraday trading, attempting to gain positive momentum that could help it recover and rise again, while also trying to ease its clear overbought conditions on the RSI, especially with negative signals starting to appear. The recent decline found support at the 50-day SMA, coinciding with a test of a short-term corrective ascending trendline.
Therefore, we expect the price to rise in the upcoming intraday trading, provided the support level of 0.81910 holds, targeting the key resistance level of 1.32370.
Today’s price forecast: Bullish.