Brent crude oil’s price slipped lower in its recent intraday trading, breaking $60.00 key support, deepening its losses amid the continuation of the negative pressure due to its trading below EMA50 and its trading alongside steep minor bearish trend line on the short-term basis, besides the emergence of the negative signals on the relative strength indicators, despite its stability in oversold levels.

The price of (crude oil) witnessed sharp losses in its last intraday trading, breaking the key support at $56.40, leading it to reach the next support at $55.65, which represents our last potential targets, amid the continuation of the negative pressure due to its trading below EMA50, reinforcing the strength of steep minor bearish wave on the short-term basis, especially with its trading alongside trendline.

The price of (silver) witnessed fluctuated trading on its last intraday levels, amid the emergence of negative signals on relative strength indicators, after reaching overbought levels and gaining bullish momentum that might help it to recover and rise again, amid the dominance of the main bullish trend and its trading alongside main and minor trend line, with the continuation of the dynamic support that is represented by its trading above EMA50, reinforcing the chances of the price recovery on the near-term basis.

The price of (Gold) kept declining in its last intraday trading, in attempt to look for rising low to take it as a base to help it gain the required bullish momentum for its recover, amid the continuation of the positive pressure of EMA50, reinforcing the stability and dominance of the bullish trend on the short-term basis, with its trading alongside minor trend line and reaching oversold levels on the relative strength indicators, exaggeratedly compared to the price move, indicating the beginning  of forming positive divergence.