Brent crude oil price kept declining in the last intraday trading, amid the dominance of the main bearish trend and its trading alongside minor trend line, breaking $62.20 support, confirming its momentum to continue the decline, especially with the emergence of the negative signals on the relative strength indicators, with the continuation of the negative pressure that comes from its trading below EMA50.
The price of (crude oil) slipped lower in its last intraday trading, breaking the key support level at $58.00, amid the dominance of the main bearish trend on the short-term basis, with the continuation of the negative pressure due to its trading below EMA50, besides the emergence of the negative signals on the relative strength indicators, despite reaching oversold levels.
The price of (silver) deepened its losses in its last intraday trading, amid the continuation of the negative pressure that comes from its trading below EMA50, breaking the bullish trend line on the short-term basis, intensifying the negative pressure, especially with the emergence of negative signals on the relative strength indicators, despite reaching oversold levels.
The price of (Gold) witnessed fluctuated in its last intraday trading, due to its lean on the support line of minor bullish trend line on the short-term basis, gaining some of the bullish momentum that helped it to rise slightly, facing the negative pressure that comes from its trading below EMA50, besides the emergence of the negative signals on the relative strength indicators.