Forecast update for silver -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.

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.

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.