Forecast update for Silver -21-09-2026

Gold declined in its latest intraday trading, while the stubborn resistance level of $4,400 remains intact, attempting to build positive momentum that could help it breaches this resistance, especially as it leans on EMA50’s support, alongside the relative strength indicators entering heavily oversold areas compared with the price movement. This comes as the price is also affected by its breaching a short-term bearish corrective trend line, reinforcing the potential for a near-term recovery.

EURUSD is experiencing fluctuating trading in its latest intraday levels, below the key resistance at 1.1490, signaling the continuation of negative pressure on the pair amid the dominance of the short-term bearish corrective trend. Negative pressure also remains in place as the pair trades below EMA50. Meanwhile, negative signals are beginning to emerge from the relative strength indicators after forming a bearish divergence, intensifying the negative pressure on the pair and signaling a potential resumption of its decline in the near term.

EURGBP price ended its bullish corrective rebound after facing the resistance extending toward 0.8605, stabilizing below it and maintaining its position within the boundaries of the bearish channel shown on the accompanying chart, as it currently slips toward 0.8577.