Forecast update for Silver -17-09-2026

Gold keeps its morning gains during its latest intraday trading, driven by the emergence of positive signals from the relative strength indicators after offloading the overbought conditions. This helped the price withstand negative pressures, particularly as it remains above the pivotal support at $4,300.

EURUSD rose cautiously during its latest intraday trading, attempting to recover part of its previous losses while also working off some of the clear oversold conditions in the relative strength indicators, particularly with the emergence of positive signals from them. However, the pair remains under negative pressure from trading below EMA50, which reinforces the dominance and stability of the short-term bearish corrective trend, threatening these gains with another downside reversal in the near term.

The pair maintained its stability within the prevailing bullish trend, supported by the continued formation of 0.5775 as an additional support level. This comes as the price responds to the positive signals from the main indicators, renewing pressure on the resistance level at 0.5910.