Brent crude oil price witnessed slight cautious gains on its last intraday levels, with the emergence of negative overlapping signals on the relative strength indicators, after reaching exaggerated overbought levels compared to the price move, increasing the negative pressure on the price, especially with its trading below EMA50, and under the dominance of the minor bearish trend on the short-term basis.

The price of (crude oil) rose in its last intraday trading, amid the continuation of the negative pressure due to its trading below EMA50, reinforcing the dominance and stability of the bearish trend on the short-term basis, especially with its trading alongside trend line, besides forming negative divergence on the relative strength indicators after reaching overbought levels, exaggeratedly compared to the price move, with the emergence of the negative signals.

The price of (silver) declined in its last trading on the intraday basis, affected by breaching bearish corrective trend line on the short-term basis, leaning on the support of EMA50, to gather the gains of its previous rises, and attempting to gain bullish momentum by offloading its overbought conditions on the relative strength indicators, especially with the emergence of the negative signals, to recover in the upcoming period.

The price of (Gold) declined in its last intraday trading, to gather the gains of its previous rises, attempting to offload some of its overbought conditions on the relative strength indicators, especially with the emergence of negative overlapping signals, to gather bullish momentum that may help it to resume the strong gains in the upcoming period, under the dominance of minor bullish wave on the short-term basis and its trading alongside trendline, besides the dynamic support that is represented by its trading above EMA50.