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Forecast update for Gold -03-11-2025.
The price of (Gold) surrendered to the negative pressure in its last intraday trading, after reaching the resistance of EMA50, which forced it to decline despite the emergence of the positive signals on the relative strength indicators, indicating the dominance of the sellers on the trading, amid the dominance of the bearish corrective trend on the short-term basis.
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Forecast update for EURUSD -03-11-2025.
The price of (EURUSD) declined in its last intraday trading, amid full dominance for the main bearish trend on the short-term basis and its trading alongside supportive trendline for this track, after offloading some of its oversold conditions on the relative strength indicators, increasing the negative pressure.
MoreThe EURGBP begins the negative correction– Forecast today – 3-11-2025
The EURGBP ended the last bullish rally by reaching 0.8817, keeping its stability below 0.8830 level, announcing its surrender to the bearish corrective trend dominance by reaching 0.8775.
MoreNatural gas price approaches the target– Forecast today – 3-11-2025
Natural gas price approached its last bullish rally at $4.210, which forced it to form sideways trading, affected by stochastic exit from the overbought level, to settle near $4.110.
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