Brent crude oil prices rose in their last intraday trading, retesting the resistance at $62.35 level, supported by the emergence of the positive signals on the relative strength indicators, which helped the price to settle against the negative pressures.
The main trend remains dominant on the intraday trading and its trading alongside trendline, with the continuation of the negative pressure due to its trading below EMA50, reducing the chances of its sustainable recovery in the upcoming period.
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The price of (crude oil) continued its fluctuating trading on its last intraday levels, supported by positive signals on the relative strength indicators, facing negative pressure due to its trading below EMA50, under the dominance of the main bearish trend on the short-term basis and its trading alongside trendline that intensifies the negative pressure.
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The price of (silver) rose in its last intraday trading, after offloading its overbought conditions on the relative strength indicators, opening the way for achieving more gains on near-term basis, preparing to attack the key resistance at $53.50, supported by its continuous trading above EMA50 and its trading alongside minor trendline.
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The price of (gold) rose during its last intraday trading, to continue recording new all- time highs, amid the continuation of the positive support due to its trading above EMA50, and under the dominance of the main bullish trend on the short-term basis and its trading alongside supportive minor trendline, after reaching overbought levels, which obstructed the last gains.
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