The price of (Brent) settled with slight gains in its last intraday trading, affected by breaking a bullish trend line on a short-term basis, with the continuation of the negative pressure that comes from its trading below EMA50, attempting to offload its oversold conditions on the (RSI), especially with the beginning of the positive signals’ emergence.

The price of (crude oil) rose in fluctuated intraday levels, in attempt to recover some of its previous losses, and attempts to offload some of its clear oversold conditions on the (RSI), especially with the emergence of the positive signals from them, amid its affection by breaking a minor bullish bias on the short-term basis, and a bearish correctional wave is the dominant.

The price of (Silver) moves in limited range, amid the continuation of negative pressure due to its trading below EMA50, under the domination of bearish correctional wave on the short-term basis, besides the emergence of the negative signals on the (RSI) after reaching overbought levels, reinforcing the chances for breaking the near support levels. 

The price of (Gold) deepened its last intraday trading, to keep moving within a bearish correctional channel’s range that dominates its move on the short-term basis, indicating the dominance of the sellers on the technical scene, and the negative pressures have increased after breaking a main bullish trend line, reinforcing the chances for extending the downside moves, accompanied by the emergence of the negative signals on the (RSI), despite entering oversold levels, indicating the continuation of the negative momentum.