Brent crude oil’s price witnessed sharp sudden losses in the intraday levels, due to the stability of the key resistance level at $63.75, with the emergence of the negative signals on the relative strength indicators, leaning on minor bullish channel’s support that limited its previous trading on the short-term basis, in attempt to gather its positive strength that might help it to rise again, and helps it to settle above EMA50, and assists the minor bullish wave to settle.

The price of (crude oil) slipped lower in its last intraday trading, to settle again below $59.85resistnace, with the emergence of the negative signals on the relative strength indicators, attempting to gain bullish momentum that might help it to recover again, amid its trading alongside minor bullish trend line, and a dynamic support that is represented by its trading alongside minor bullish trend line on the short-term basis, and there is dynamic pressure that is represented by its trading above EMA50, reinforcing the chances of the price recovery on the near-term basis.

The price of (silver) rose in its last intraday trading, preparing to reach the key resistance at $58.80, supported by its trading above EMA50, and under the dominance of the main bullish trend on the short-term basis and its trading alongside main and minor supportive trend line for this trend, after offloading the overbought conditions on the relative strength indicators, opening the way for achieving more gains.

The price of (Gold) declined in its last intraday trading, leaning on the support if its EMA50, amid its attempts to gain bullish momentum that may help it to attack the sold key resistance at $4,245, amid the dominance of the bullish trend on the short-term basis and its trading alongside trend line, besides the emergence of positive overlapping signals on the relative strength indicators after reaching oversold levels, reinforcing the chances of the price’s recovery in the upcoming period.