The price of (Gold) extended its gains on its last intraday levels, recovering new historical peak, breaching the main resistance at $3,600, to settle above it to confirm breaching it technically, supported by the dominance of the main bullish trend and its trading alongside supportive bias for this track, besides its success in offloading its clear overbought conditions on the (RSI), opening the way for achieving new gains.
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The price of (EURUSD) rose in its last intraday trading, in attempt to breach the key and stubborn resistance at 1.1730, supported by its trading above EMA50, and under the dominance of minor bullish wave on the short-term basis, and its trading alongside a supportive trend line, besides the (RSI) reach to oversold levels, which represents a sportive signal that intensifies the strength of the bullish momentum in the upcoming period.
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The (ETHUSD) price rose in its last intraday trading, due to the stability of the critical support at $4,250, with the emergence of positive overlapping signals on the (RSI), after reaching oversold levels, this performance comes due to the continuation of the negative pressure that comes from its trading below EMA50, which prevented the price recovery in the previous trading, especially with the dominance of the bearish correctional trend on the short-term basis and its trading alongside a bias line.
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The (Brent) price soars high in its last intraday trading, taking advantage of forming a positive divergence on the (RSI), with the emergence of the positive signals from there, and the price gad previously benefited from the stability of the key support at $65.00, gaining positive momentum that intensified these signals, in attempt to recover some of the previous losses on the short-term basis, with the continuation of the negative pressure that comes from its trading below EMA50, decreasing the chances for the recovery.
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