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Forecast update for gold -03-03-2026.
The price of gold slipped lower in its last intraday trading, after breaking minor bullish trend line on short-term basis, which pushed it into a wave of increasing negative pressure, which increased by breaking EMA50’s support, accompanied by the emergence of clear negative signals from relative strength indicators, indicating a sudden turn in the technical track and reinforces the possibilities of the decline continuation in the near period.
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Forecast update for EURUSD -03-03-2026.
The price of EURUSD kept declining in its last intraday trading, breaking 1.1620 support, this support was an expected in our previous analysis, amid the dominance of the main bearish trend on short-term basis, with the continuation of the negative pressure due to its trading below EMA50, besides the emergence of the negative signals from relative strength indicators, despite reaching oversold levels.
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