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Silver Price Rises After Reaching Our Price Target –Analysis – 17-09-2026
The silver price rose in its latest intraday trading after the pivotal $62.60 support level held firm, which was our price previous target, giving the price some positive momentum that helped it achieve these gains as it attempts to recover part of its previous losses. However, negative pressure continues to stem from trading below EMA50, which acts as dynamic resistance and reinforces the chances of the short-term bearish corrective trend dominance.
Meanwhile, a negative divergence has formed on the relative strength indicators after they reached extremely overbought levels, accompanied by the emergence of negative signals from these indicators, adding to the downside pressures surrounding the price.
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Gold Shows Further Signs of Weakness – Analysis – 17-09-2026
The gold price rose cautiously in its latest intraday trading, attempting to recover some of its previous losses, amid the dominance of the short-term bearish corrective trend, with price moving alongside supportive trend line for this path, while continued negative pressure stems from trading below EMA50, which acts as dynamic resistance and limits the chances of a full recovery in the near term.
MoreEURUSD Breaks Our Price Target – Analysis – 17-09-2026
The EURUSD price slipped lower in its latest intraday trading, breaking1.1490 support level, which was our price target in previous analysis. The short-term bearish corrective trend remains dominant, alongside continued negative pressure from trading below EMA50, which acts as dynamic resistance and limits the chances of a price recovery.
MoreEvening update for Bitcoin – 16-09-2026
Bitcoin (BTCUSD) continues to trade within a volatile range during its latest intraday sessions, amid persistent negative pressure resulting from trading below EMA50, which represents dynamic resistance and reinforces the dominance and stability of the short-term bearish corrective trend. On the other hand, positive signals are emerging from the relative strength indicators after reaching severely oversold levels, creating a temporary state of balance before the price determines its next trend in the near term.
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