The price of (Brent) begins to recover in its last intraday trading, confirming breaching the critical resistance level at $74.70, where the price managed to settle above it with its attempts to gather the gains of its previous rise, and offloading some of its clear overbought conditions on the (RSI), with the emergence of the negative signals from them, this comes amid the continuation of the dynamic support that is represented by its trading above EMA50, and under the dominance of the main bullish trend and its trading alongside a minor bias line on the short-term basis.
The price of (crude oil) rose in its recent intraday trading, after its early trading in offloading clear overbought condition on the (RSI), amid the continuation of the positive support that is represented by its trading above its EMA50, under the dominance of the main bullish trend on the short-term basis and its trading alongside minor and main bias lines that show the full dominance.
The price of (Silver) declined in its last intraday trading, besides the price attempts to gain positive momentum that might assist it to keep the main bullish trend, amid its trading alongside a minor bias line on the short-term basis, and it attempts to offload some of its clear overbought conditions on the (RSI), especially with the beginning of negative overlapping signals, besides the continuation of the positive pressure that comes from its trading above its EMA50, which assists the stability of the bullish trend strongly.
The price of (Gold) continued its fluctuated moves in its last intraday trading, attempting to gain positive momentum that might assist it to recover and rise again, taking advantage of the dynamic support that is represented by its trading above its EMA50, which prevents the price decline in the last period, amid the dominance of the bullish correctional trend on the short-term basis alongside a bias line, on the other hand, we notice the beginning of the negative signals on the (RSI).