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Silver price attempts to ease oversold conditions - Analysis- 29-04-2026
Silver shown choppy intraday trading recently, as the price attempts to recover part of its previous losses, trying to relieve its clear oversold condition on the relative strength indicators, especially with emerging positive signals.
However, the price remains below $73.60 level, which confirms the validity of its technical break and increases the negative pressure around the price, reinforced by the continued dynamic bearish pressure, as it trades below its EMA50, supporting the stability of a short-term bearish sub-trend, with price moving along a bearish trend line.
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Gold prices stabilize in a negative zone - Analysis-29-04-2026
Gold declined in its recent intraday trading, settling below the $4,600 support level, providing clear technical confirmation of a breakdown and its shift into resistance. This reflects the strength of the short-term bearish trend and the continued dominance of selling pressure.
MoreEURUSD price shows limited recovery within a bearish trend - Analysis-29-04-2026
The EURUSD pair is holding onto gains in its recent intraday trading, after rebounding from the 1.1690 support level, which previously acted as a price target, providing positive momentum that helped it recover part of its recent losses and achieve this relative improvement.
MoreEvening update for Bitcoin -28-04-2026
Bitcoin (BTCUSD) kept declining in its last intraday trading, to reach $75,500 support level, which was a target in our previous analysis, affected by breaking main bullish trend line on the short-term basis, with the continuation of the negative pressure due to its trading below EMA50, besides the emergence of negative overlapping signals on the relative strength indicators, after offloading some of its oversold conditions.
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