Silver prices prepare to test key resistance - Analysis- 31-03-2026

Gold witnessed strong gains in recent intraday trading, supported by its stability above the $4,500 level, which restored positive momentum and helped it break free from the negative pressure of EMA50. This comes within a short-term corrective bullish wave, reinforced by a relatively steep supporting trendline.

The EURUSD pair surged during recent intraday trading, drawing momentum from the firmness of the 1.1445 support level, which we previously identified as a potential price target, providing a positive push that helped the pair recover part of its earlier losses, while the relative strength indicators started to ease its oversold conditions with early positive signals emerging.

The (BTCUSD) price fluctuated on its last intraday levels, affected by the stability of the key resistance at $67,500, amid the continuation of the negative and dynamic pressure that its trading below EMA50, which reduces the chance of its recovery in the upcoming period, reinforcing the dominance of the bearish corrective trend on short-term basis, to notice the emergence of negative overlapping signals on the relative strength indicators, after reaching overbought levels.