Forecast update for Gold -18-09-2026

The EURUSD price slipped lower during its recent intraday trading, following the consolidation of the 1.1490 resistance level, amid the dominance of the short-term bearish correction. Negative pressure continues to stem from trading below EMA50, which acts as dynamic resistance and reduces the pair’s chances of a full recovery in the near term. This comes especially as negative signals began to emerge from the relative strength indicators after the pair managed to offload its oversold conditions, leaving room for further losses in the coming period.

Coffee price faced strong negative pressure, to force it settle below $292.00, suffering clear losses by reaching $274.00 level, approaching a key support, as it formed a strong demand zone at $269.25, which represents a confirmation key for the main trend in the upcoming trading.

Natural gas price kept providing weak sideways trading by its fluctuation near $2.850 level, affected by the contradiction of the main indicators, specifically by the stability of the moving average 55 above the current trading as appears in the above image.