Brent crude oil declined in its last intraday trading, affected by the stability of the key resistance at $62.95, gathering the gains of its previous rises, attempting to gain bullish momentum that may help it to breach the resistance, besides the attempt of offloading some of the clear overbought conditions on the relative strength indicators, especially with the emergence of negative signals from there, affected by exiting bearish channel’s range that limited its previous trading.

The price of (crude oil) settles higher in its last intraday trading, reaching the key resistance at $59.00, taking advantage of the positive support due to its trading above EMA50, affected by its exit from minor bearish channel’s range that limited its previous trading on the short-term basis, besides the emergence of the positive signals on the relative strength indicators, despite reaching overbought levels.

The price of (silver) witnessed fluctuated trading on its last intraday levels, to gain the required bullish momentum to help it attack the key resistance at $54.35, amid the emergence of the positive signals on the relative strength indicators, despite reaching overbought levels, under the dominance of the main bullish trend on the short-term basis and its trading alongside supportive trend line for this trend.

The price of (Gold) settles lower in its last intraday trading, after losing its early gains for today, to complete its intraday fluctuations, amid the emergence of the negative signals on the relative strength indicators, after reaching overbought levels, to continue its attempt to gain bullish momentum that may help it to recover and rise again, amid the continuation of the dynamic pressure that is represented by its trading above EMA50, reinforcing the stability and dominance of the bullish trend on the short-term basis.