Forecast update for Bitcoin -26-10-2026

Crude oil is holding lower in its latest intraday trading, as the price attempts to gain positive momentum that could help it recover and resume its gains in the near term. This comes amid the dominance of the main short-term bullish trend, with the price moving alongside a trend line that supports this path. Positive pressure also persists as the price continues to trade above EMA50. Meanwhile, the relative strength indicators have entered deeply oversold territory to an excessive degree compared with price action, suggesting the potential formation of positive divergence that could improve the chances of a near-term recovery.

Silver fluctuated in its latest intraday movements, following the resilience of the $53.40 support level. This helped the price gain some positive momentum, enabling it to contend with the negative pressures surrounding it. However, negative pressure persists as the price continues to trade below EMA50, reinforcing the dominance and stability of the main short-term bearish trend. The price is also moving alongside a trend line that supports this bearish path. In addition, a bearish crossover has begun to emerge on the relative strength indicators after they reached extremely overbought territory relative to price action, signaling the potential formation of negative divergence that could intensify the selling pressure on the price.

Gold rose in its latest intraday trading, following the stability of the key psychological support level at $4,000, providing positive momentum, which intensified by the emergence of the positive signals from the relative strength indicators, reaching exaggerated overbought levels, which didn’t affect the price move as a clear signal for a quick decline, which increases the likelihoods of brining the bearish pressures back into focus on the near term, amid the dominance of the short-term main bearish trend.