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Forecast update for silver-10-06-2026
Silver prices remained under pressure during their latest intraday trading session, holding near lower levels as the dominant short-term bearish trend continues to prevail. Price action remains aligned with a downward-sloping trendline that supports this bearish trajectory.
Additional downside pressure is coming from trading below EMA50, which limits the potential for strong bullish rebounds in the near term. However, relative strength indicators began to show a positive crossover after reaching deeply oversold territory, helping silver stabilize and relieve some of the selling pressure.
Forecast update for Gold -09-06-2026
Gold keeps declining in recent intraday sessions to break$4,200 support, amid the dominance of the main bearish trend on the short-term basis, with the continuation of the negative and dynamic pressure that is represented by its trading below EMA50, besides the continuation of the negative signals emergence from the relative strength indicators, despite reaching oversold levels, as a signals for the strength of the dominance selling powers on the price.
MoreThe AUDCAD begins the corrective decline– Forecast today – 10-6-2026
The AUDCAD confirmed its surrender to the dominance of the bearish corrective trend by its stability below the resistance at 0.9980, forming several bearish corrective waves and approaching the initial target at 0.9775.
MoreThe EURJPY reaches the initial target– Forecast today – 10-6-2026
The EURJPY pair benefited from the main indicators’ positivity, keeping their stability above 184.25 support, forming several bullish waves, achieving the initial targets by reaching 185.45.
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