Brent crude oil declined in its last intraday trading, amid the emergence of the negative signals on the relative strength indicators, after reaching overbought levels, in attempt to offload these overbought conditions, gathering its positive strength that may help it to rise again, amid the continuation of the dynamic positive pressure that is represented by its trading above EMA50, affected by its exit from minor bearish channel’s range on the short-term basis.

The price of (crude oil) declined in its last intraday trading, gathering the gains of its previous rises, attempting to gain bullish momentum that might help it to rise again, and it attempts to offload some of the overbought conditions on the relative strength indicators, especially with the emergence of the negative signals, amid the continuation of the dynamic support that is represented by its trading above EMA50, affected by positive formation on the short-term basis ( the double bottom pattern).

The price of (silver) returned to rise on its last intraday trading, approaching new all-time highs, especially after offloading some of its overbought conditions on the relative strength indicators, opening the way for achieving mote of the gains, amid the dominance of the main bullish trend on the short-term basis, alongside main and minor trend lines that support the stability of this track.

The price of (Gold) rose in its last intraday trading, to confirm breaching the key resistance at $4,225, amid the dominance of the main bullish trend and its trading alongside supportive minor trend line for this track, with the emergence of the positive signals on the relative strength indicators, despite reaching overbought levels, which might reduce the upcoming gains.