Brent crude oil prices rose in its last intraday trading, despite the emergence of the negative signals on the relative strength indicators, after reaching overbought levels, which might obstruct reinforcing the rise on the near-term basis, amid the dominance of minor bullish wave, indicating the strength of the buying power domination, especially with the continuation of the dynamic support that is represented by its trading above EMA50, reinforcing the chances of extending the gains.
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The price of (crude oil) reinforced its gains in its last intraday trading, supported its continued trading above EMA50, and under the dominance of strong minor bullish wave on the intraday basis, on the other hand, we notice the emergence of negative signals on the relative strength indicators, showing that the positive momentum faded, which makes us witness some correctional rebounds.
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The price of (silver) witnessed fluctuated trading in its last intraday trading, amid the dominance of the main bullish trend on the short-term basis and its trading alongside trend line, with the continuation of the positive pressure that comes from its trading above EMA50, attempting to gain positive momentum that might assist it to recover and rise, accompanied by the emergence of the positive signals on the relative strength indicators, after offloading its overbought conditions, opening the way for achieving more of the gains in the upcoming period.
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The price of (Gold) declined slightly in its last intraday trading, amid the attempts of gain =ing bullish momentum that might help it to resume its strong gains on the near-term basis, with the beginning of positive overlapping signals on the relative strength indicators, opening the way for achieving new all-time highs, amid the dominance of the main bullish trend on the short-term basis and its trading alongside trendline.
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