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Forecast update for Gold -05-01-2026.
The price of (Gold) declined in its recent intraday trading, gathering its previous rises on the short-term basis, attempting to offload its clear overbought conditions on the relative strength indicators, especially with the emergence of negative overlapping signals, to gather its strength that may help it get rid of the negative pressure of EMA50, announcing its full recovery amid the dominance of the main bullish trend on the short-term basis and its trading alongside supportive trend line for this track.
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Forecast update for EURUSD -05-01-2026.
The price of (EURUSD) declined in its last intraday trading, affected by breaking the key support at 1.1700, amid the dominance of bearish corrective wave on the short-term basis, with the continuation of the negative pressure due to its trading below EMA50, on the other hand, we notice the emergence of positive overlapping signals from the relative strength indicators, after reaching oversold levels, keeping intraday stability on the near term basis to offload this oversold condition.
MoreCoffee price settles positively – Forecast today – 5-1-2026
No change for coffee bullish price due to its stability above the support base at 340.00 level, attempting to record some gains by its rally towards 357.65.
MoreNatural gas price achieves the negative targets– Forecast today – 5-1-2026
Natural gas price surrendered to the negative pressures that are represented by forming a strong barrier at $4.200 level in its negative pressure, besides providing negative momentum by stochastic to record the previously suggested negative targets by reaching $3.425.
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