|
Silver Continues to Slide –Analysis – 11-06-2026
Silver extended its losses in recent intraday trading, confirming a break below the $65.00 support level. This move reinforces the bearish outlook, with the metal continuing to follow a short-term downtrend supported by a descending trend line.
Additional downside pressure comes from trading below EMA50, which continues to act as dynamic resistance and limits recovery attempts. Meanwhile, relative strength indicators have generated a fresh bearish crossover after easing oversold conditions, signaling renewed selling momentum and increasing the likelihood of further declines.
Gold Breaks Our Final Target – Analysis – 11-06-2026
Gold continued its intraday decline, breaking below the $4,100 support level, our final target in prior analysis. This move comes despite relative strength indicators remaining deeply oversold, reflecting weak response to rebound attempts and confirming the strength of the downtrend.
MoreEURUSD Faces Negative Pressure – Analysis – 11-06-2026
The EURUSD pair remains under pressure and continues to trade lower in recent intraday sessions, as persistent bearish factors limit the pair’s ability to recover. The price continues to trade below EMA50, which is acting as a dynamic resistance level and reducing the chances of a bullish momentum recovery in the near term.
MoreEvening update for Bitcoin -10-06-2026
Bitcoin (BTCUSD) witnessed cautious gains during its recent intraday trading, supported by the emergence of the positive signals from the relative strength indicators, after reaching oversold levels, attempting to recover some previous losses, amid the continuation of the negative pressure due to its trading below EMA50, reinforcing the stability and dominance of the main bearish trend on the short-term basis.
More