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Evening update for gold -12-11-2026
Gold slipped lower in its latest intraday trading, breaking below the key support at $3,900, which was a price target in our previous analysis, amid the continuation of the negative pressure that comes from its trading below EMA50, with the dominance of the main bearish trend on the short-term basis, besides the emergence of the negative signals from the relative strength indicators, despite its stability in oversold levels.
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Evening update for EURUSD-12-11-2026
The EURUSD pair continued to decline in its recent intraday trading, reaching the support level of 1.1060. This level was the last price target we identified in our previous analysis. This decline came despite positive signals emerging from the relative strength indicators after reaching deeply oversold levels, which hasn’t translated into any meaningful price recovery. This highlights the strength of the negative pressure weighing on the pair, amid the dominance of the main short-term bearish trend.
MoreForecast update for Ethereum -12-11-2026
Ethereum (ETHUSD) declined in its recent intraday trading, amid bearish signals emerging from the relative strength indicators, despite reaching deeply oversold levels. The price also remains under negative pressure from trading below EMA50, which acts as dynamic resistance, reinforcing the dominance and stability of the main short-term downtrend.
MoreForecast update for Brent -12-11-2026
Brent crude oil prices declined in their recent intraday trading, amid the dominance of a steep main short-term bearish trend. The price also remains under negative pressure from trading below EMA50, which reduces the chances of a full recovery in the near term and adds to the downward pressure, particularly as bearish signals continue to emerge from the relative strength indicators.
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