Brent crude oil’s price rose on the recent intraday trading, due to the stability of the support level at $62.10, gaining some bullish momentum, affected by the price exit from minor bullish channel range due to its trading below EMA50, intensifying the negative pressure, attempting to offload some of its clear oversold conditions on the relative strength indicators, especially with the emergence of the positive signals from there.

The price of (crude oil) rose in its last intraday trading, to recover some of its previous losses, and attempts to offload some of its clear oversold conditions on the relative strength indicators, affected by negative technical formation on the short-term basis (the rising wedge pattern), with the continuation of the negative pressure due to its trading below EMA50, reducing the chances of the price recovery in the upcoming period.

The price of (silver) rose in its last intraday trading, reaching the stubborn key resistance at $58.80, amid the continuation of the positive pressure due to its trading above EMA50, with the emergence of the positive signals on the relative strength indicators, besides the dominance of the main bullish trend on the short-term basis, these factors intensify the chances of breaching this resistance.

The price of (Gold) rose in its last intraday trading, attempting to get rid of the negative pressure of the EMA50, amid the dominance of the bullish trend on the short-term basis and its trading alongside trend line, besides the emergence of the positive signals on the relative strength indicators, after reaching oversold levels to reinforce the possibility of extending the gains.