Forecast update for silver -27-01-2026

The price of gold kept its early gains in its last intraday trading, amid the positive signals from relative strength indicators, after offloading its overbought conditions, supported by its continuous trading above EMA50, reinforcing the stability and dominance of the main bullish trend on short-term basis, with its trading alongside supported minor trend line for this bullish track, recording new record highs.

The price of EURUSD rose in its last intraday trading, to settle above 1.1865 resistance, taking advantage of the positive support due to its trading above EMA50, under the dominance of the main bullish trend on short-term basis, with its trading alongside minor trendline, after offloading its overbought conditions on relative strength indicators, especially with the emergence of positive overlapping signals from there.

The GBPCAD succeeded in renewing the bullish rally by surpassing 1.8680 barrier, to settle above it, forming several bullish waves and recording clear gains by reaching 1.8790.