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Forecast update for gold -31-03-2026.
Gold declined during recent intraday trading, amid emerging negative signals from the relative strength indicators after reaching heavily overbought levels. The price is attempting to ease this overbought condition while gathering positive momentum that could support a renewed upward move.
This outlook is supported by the price holding above the $4,500 support level, alongside dynamic support from trading above EMA50, to reinforce achieving this positive scenario, especially with the trading alongside bullish corrective trend line on short-term basis.
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Forecast update for EURUSD -31-03-2026.
The EURUSD pair declined during recent intraday trading after successfully easing its oversold conditions on the relative strength indicators which entered heavily overbought territory relative to price action, with a negative crossover starting to appear, clearly signaling fading positive momentum that had supported the pair earlier, as the pair is now preparing to break below the 1.1445 support level, amid the dominance of the main short-term downtrend.
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Despite the continuation of the main indicators’ contradiction, the stability of the GBPAUD price above 1.9055 level supports our previously expected bullish scenario, recording extra gains by reaching 1.9400.
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Natural gas price began to activate with the negativity of the main indicators, forming slow gradual decline to settle near the initial negative target at $2.810.
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