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Forecast update for Bitcoin -29-10-2026
Bitcoin (BTCUSD) prices edged slightly higher in their latest intraday trading, supported by the resilience of the pivotal support level at $80,000, providing some positive momentum, helping it withstand the surrounding negative pressure and recover part of its previous losses. It also allowed the price to ease some of its evident oversold conditions on the relative strength indicators, particularly as a positive crossover began to emerge.
However, the short-term corrective bearish trend remains dominant, while continued negative pressure from trading below EMA50, which acts as dynamic resistance, limits the chances of a near-term recovery.
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Forecast update for crude oil -29-10-2026
Crude oil prices remain lower in their latest intraday trading, amid attempts to build positive momentum that could help the price break above the key resistance level of $102.00, supported by trading along a main short-term ascending trend line, while recent price movements have found support at EMA50, providing a dynamic support base that strengthens the chances of a near-term recovery.
MoreForecast update for Silver -29-10-2026
Silver prices remain lower in their latest intraday trading, with the price breaking below the $53.40 support level. This comes amid continued negative pressure from trading below EMA50, which acts as dynamic resistance, reinforcing the dominance and stability of the main short-term bearish trend. Prices are also moving along a trend line that supports this bearish path. In addition, the relative strength indicators are generating negative signals, increasing the likelihood of further losses in the near term.
MoreForecast update for Gold -29-10-2026
Gold prices declined in their latest intraday trading, amid negative signals from the relative strength indicators and the dominance of the main short-term bearish trend. Prices are moving along a trend line that supports this bearish trajectory. In addition, continued negative pressure from trading below EMA50 increases the likelihood of further losses in the near term.
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