Brent crude oil’s price trading fluctuated on the intraday basis, amid its trading within minor bullish 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, to gain bullish momentum that might help it to recover and rise again, attempting to offload its overbought conditions on the relative strength indicators, especially with the emergence of the negative signals from there.
The price of (crude oil) witnessed fluctuated trading in its last intraday trading, with the emergence of the negative signals on the relative strength indicators, and the continuation of the positive pressure due to its trading above EMA50, with its trading alongside minor bullish trend line on the short-term basis, attempting to gains bullish momentum that may help it to recover and rise again.
The price of (silver) settled with strong gains in its last intraday trading, preparing to reach the key resistance at $58.80, amid its trading alongside minor bullish trend on the short-term basis, which supports this scenario, besides continued negative pressure due to its trading above EMA50, besides the emergence of the relative strength indicators, despite reaching overbought levels.
The price of (Gold) rose in its last intraday trading, preparing to attack the key resistance at $4,245, supported by its continuous trading above EMA50, with the emergence of the positive signals on the relative strength indicators, under the dominance of the main bullish trend on the short-term basis and its trading alongside trendline.