Forecast update for silver -22-05-2025

The price of (Gold) declined in its recent intraday trading, looking for a rising bottom to take it as a base that might assist it to gain the required positive momentum to recover, especially with the emergence of the negative signals on the (RSI), after reaching overbought levels previously, to lean on the psychological support level at $3,300, amid its trading alongside a minor bullish bias on the short-term basis.

The price of (EURUSD) declined in its recent intraday trading, with the emergence of the negative signals on the (RSI), after reaching overbought levels, attempting to gather positive momentum that assists it to recover and rise again, amid its trading alongside a minor bullish bias line on the short-term basis.

The EURNZD confirmed the continuation of the bullish scenario by its repeated stability within the bullish channel’s levels, besides its rally to the upside towards 1.9120 taking advantage of the extra support at 1.8910.