Forecast update for Bitcoin -05-01-2026

The price of (crude oil) witnessed fluctuated trading in its last intraday trading, amid the emergence of the positive signals from the relative strength indicators, after reaching oversold levels, to hit EMA50’ resistance, which might decelerate the rise on the near-term basis, especially with its trading alongside minor bearish trend line on the near-term basis, which reduces the chances of sustainable recovery on the near-term basis.

The price of (silver) declined slightly in its last trading on the intraday levels, amid the continuation of the dynamic pressure that is represented by its trading above EMA50, reinforcing the stability and dominance of the main bullish trend on the short-term basis, especially with its trading alongside trend line, attempting to gather quick gains, and gathering bullish momentum that may help it to rise again, besides its attempt to offload some of its clear overbought conditions, especially with the emergence of negative overlapping signals.

The price of (Gold) declined in its recent intraday trading, gathering its previous rises on the short-term basis, attempting to offload its clear overbought conditions on the relative strength indicators, especially with the emergence of negative overlapping signals, to gather its strength that may help it get rid of the negative pressure of EMA50, announcing its full recovery amid the dominance of the main bullish trend on the short-term basis and its trading alongside supportive trend line for this track.