Gold Shows Fresh Negative Signals – Analysis –28-10-2026

The EURUSD pair continued to decline in its latest intraday trading, breaking1.1130 support level, which was our price target in previous analysis. This comes amid continued negative pressure from trading below EMA50, which acts as dynamic resistance and reinforces the dominance and stability of the main short-term bearish trend.

Bitcoin (BTCUSD) rose in its latest intraday trading, driven by positive signals from the relative strength indicators after it reached oversold levels. This rebound confirms that the pivotal support level at $80,000 is holding firm, adding to the positive momentum around the price. Nevertheless, Bitcoin continues to face negative pressure from trading below the 50-period EMA, which reinforces the dominance of the short-term corrective bearish trend and could threaten these gains in the near term.

Crude oil continued to decline in its latest intraday trading, as the price attempts to find a higher low that could serve as a base for building the positive momentum needed to resume its recovery, leaning at EMA50’s support, amid the dominance of the main short-term bullish trend, with the price moving alongside a trend line that supports this path and strengthens the chances of a near-term recovery.