Forecast update for silver -29-12-2025

The price of (Gold) declined in its recent intraday trading, with the emergence of negative signals from the relative strength indicators, after reaching overbought levels, attempting to look for higher low to help it gain the required bullish momentum for its recovery, amid the continuation of the dynamic support that is represented by its trading above EMA50, reinforcing the stability and dominance of the main bullish trend on the short-term basis, with its trading alongside supportive main and minor trend lines for this trend.

The price of (EURUSD) rose in its last intraday trading, affected by its leaning on EMA50’s support, gaining bullish momentum that helped it to achieve these gains, amid the dominance of the main bullish trend on the short-term basis and its trading alongside trend line, besides the emergence of positive signals on the relative strength indicators, after reaching oversold levels previously.

The AUDCAD confirmed the continuation of the bullish track by providing positive closes above the support level at 0.9110, taking advantage of the stability of moving average 55 below it, to form a new bullish rally to settle near 0.9180.