Evening update for gold -13-11-2026

The EURUSD pair declined in its recent intraday trading, amid the dominance of the main short-term bearish trend. The pair also remains under negative pressure from trading below EMA50, increasing the negative pressure, particularly with the emergence of a bearish crossover in the relative strength indicators after the pair managed to offload its oversold conditions. This gives it more room to incur further losses in the near term.

Ethereum (ETHUSD) rebounded slightly in its latest intraday trading after holding above the $1,900 support level, which represented our last price target in previous analysis, providing some positive momentum, reinforced by positive signals from the relative strength indicators after reaching deeply oversold levels, as it attempts to recover part of its previous losses. However, negative pressure persists as the price continues to trade below EMA50, while the main short-term bearish trend remains dominant, with the price moving alongside a steep minor trend line that supports this path.

Brent crude oil came under negative pressure in its latest intraday trading after reaching EMA50’s resistance, which prevented the price from extending its recent corrective gains and brought downward pressure back to the forefront. This comes as negative signals begin to emerge from the relative strength indicators after reaching deeply overbought levels, intensifying the selling pressure.