The price of (Brent) rose in its last intraday trading, due to the stability of the critical resistance levels at $66.00, gaining positive momentum to recover some of its previous losses, with the emergence of the positive signals on the (RSI), but the price remains under the negative pressure that comes from its trading below EMA50, and under the main bearish trend on the short-term basis and its trading alongside a supportive minor bias line for this trend.
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The price of (crude oil) rose in its last intraday trading, to recover some of its previous losses, supported by the emergence of the positive signals on the (RSI), amid the dominance of the bearish trend and its trading below EMA50, intensifying the negative pressure.
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The price of (Silver) declined in its last trading on its intraday levels, amid the emergence of the negative signals on the (RSI), attempting to look for a rising high to take it as a base that might assist it to gain positive momentum that help it to recover and rise again, to lean on the support of its EMA50, which assisted it to rise to reduce some of its last losses, accompanied with its lean on minor bullish bias on the short-term basis.
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The price of (Gold) deepened its losses on its last intraday trading, amid the price attempts to look for a rising high to take it as a base to help it to gain the required positive momentum to recover, leaning on the support of its EMA50, which stopped the losses since the beginning of the session, with the (RSI) reach to the oversold levels, exaggeratedly compared to the price move.
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