The price of (Brent) declined in its last intraday levels, after offloading its oversold conditions that were clear on the (RSI), intensifying the negative pressure with the continuation of the negative pressure that comes from its trading below EMA50, to break a minor bullish bias on the short-term basis, reinforcing the chances for the continuation of the decline.

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The price of (crude oil) declined in its last intraday trading, to confirm breaking the main bullish trend line on the short-term basis, affected by the continuation of the negative pressure that comes from its trading below its EMA50, forming a dynamic resistance that prevented the price recovery in its previous moves, after the emergence of the negative signals on the (RSI), after the price success in offloading its oversold levels, opening the way for recording more of the losses on the near-term basis.

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The price of (Silver) settled high in its last intraday trading, to confirm breaching the critical resistance level at $39.00, supported by its continuous trading above its EMA50, forming a dynamic support that sustains the bullish track stability, amid the trading of the alongside a main bullish trend on the short-term basis, besides the emergence of the positive signals on the (RSI), despite reaching overbought levels.

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The price of (Gold) declined on its last intraday trading, affected by the emergence of the negative signals on the (RSI), after reaching overbought levels, which pushed the price to attempt to offload this condition and catch breaths after the previous bullish wave.

Despite this decline, the main bullish trend remains dominant on the short-term basis, supported by its trading alongside a minor bullish bias line, providing the chance for gathering its positive strength again, easing the way for a potential rise unless the bullish momentum returned to be the dominant.

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