The price of (Brent) rose in its last intraday trading, attacking the key resistance level at $68.70, supported by its trading above EMA50, and under strong minor bullish channel in its intraday moves, this last rise came after offloading the overbought conditions on the (RSI) after the stability of the mentioned resistance, providing more of the bullish momentum.

The price of (crude oil) rose in its last intraday levels, to begin its recovery after it succeeded in its early moves in offloading some of its clear overbought conditions on the (RSI), opening the way towards achieving more of the gains, taking advantage of the dynamic support that is represented by its trading above EMA50, providing stability for the bullish moves in the upcoming period.

The price of (Silver) extended its gains in its last intraday trading, supported by its trading above EMA50, which represents a dynamic support, under the dominance of the main bullish trend and its trading alongside a minor bias line on the short-term basis, on the other hand, we notice the emergence of the negative signals on the (RSI), after reaching overbought levels, in attempt to offload this overbought conditions, which decelerates the strength of the price rise.

The price of (Gold) witnessed fluctuated moves in its last intraday trading, with the emergence of the negative signals on the (RSI), after reaching overbought level, on the other hand, the price is affected by the price exit from bearish correctional channel’s range that limited its trading on the short-term basis, taking advantage of the dynamic support that is represented by its trading above EMA50, forming an obstacle that suggest the stability of the positive expectations.