 
        
            Dax Forecast: Sideways Despite ECB – 31 October 2025
The German DAX index continued its sideways trend on Thursday despite the European Central Bank’s latest rate announcement.

 
        
            The German DAX index continued its sideways trend on Thursday despite the European Central Bank’s latest rate announcement.
 
        
            Silver extended its recovery on Thursday, bouncing from the 50-day EMA and approaching key resistance at $48.50.
 
        
            Gold is consolidating weekly losses in Asian trades on Friday, having stalled Thursday’s turnaround just shy of the $4,050 mark.
 
        
            The EUR/USD pair is showing renewed bearish momentum after failing to hold above 1.1600, pressured by a stronger U.S. dollar and cautious Fed outlook.
 
        
            Gold (XAU/USD) is facing downward pressure following a post-Fed rebound in the US Dollar. With resistance holding below $4,000, technical indicators point to further downside.
 
        
            Spot Gold managed to recover some ground on Thursday, trading around the $4,000 mark at the time of writing. The advance was limited, however, by broad demand for the US Dollar (USD).