The (Gold) price declined in its recent intraday trading, holding below the resistance at $3,260, amid the dominance of a bearish correctional wave on the short-term basis, affected by breaking a main bullish trend line, and suffering from the negative pressure due to its trading below its EMA50, and the emergence of the negative signals on the (RSI) is reinforcing the bearish scenario, after the price success in offloading its oversold conditions in its previous trading, opening the way for more bearish moves.
The (EURUSD) price continued the rise in its recent intraday trading, attempting to recover some of its previous losses, amid the bearish correctional trend domination on the short-term basis and its trading alongside a bias line, with the continuation of the negative pressure due its trading below EMA50, and its trading below the critical resistance at 1.1250, this level represents 38.2%Fibonacci correctional level for the last bullish wave on the short-term basis (from 1.0730 to 1.1572), accompanied by the (RSI) indicators reaching oversold level, which suggest the beginning of forming negative divergence, especially with the emergence of negative signals from there.
Bitcoin price rose in its last intraday trading, with its stability of its trading above $102,000, amid the dominance of the main bullish trend on the short-term basis and its trading alongside a bias line, with the emergence of the positive signals on the (RSI), despite reaching overbought levels.
The crude oil price rose in its last intraday trading, amid the dominance of the bullish correctional trend on the short-term basis and its trading alongside a bias line, with the emergence of the positive signals on the (RSI), after reaching oversold levels.