The (Gold) price declined in its last intraday trading, in a correctional move to gather the gains of its previous rises, attempting to gain a positive momentum that might assist it to rise again, this decline comes amid the price success to surpass the negative pressure that comes from its previous trading below EMA50, to return to trade above it again, reinforcing the bullish overview on the short-term basis.

The emergence of the positive signals from the (RSI) after reaching oversold levels supported the recovery attempts, especially after breaching the positive falling wedge pattern that was formed on the intraday levels, opening the way for new bullish moves, conditioned by confirming the stability above the critical support levels.

The (EURUSD) rose in its last intraday trading, after its success to rebound from the critical support level of 1.1685 that represents our yesterday’s target, this rise came after gaining clear positive momentum that assisted it to recover some of its losses, and attempts to offload some of the clear oversold conditions on the (RSI) especially, with the appearance of the positive signals from them.

The price retests the key resistance at 1.1745, accompanied with its reach to the resistance of EMA50, which forms an obstacle against the continuation of the rise, unless confirming a breach above it.

The (BTCUSD) declined in the last intraday levels, amid the emergence of the negative signals on the (RSI), after reaching overbought levels, exhausting its positive chances that might assist it to recover, to lean on the support level at $108,000, accompanied by its lean on the support of EMA50.

The (crude oil) extended its gains in its last intraday trading, to settle above the resistance level at $66.00, supported by its continuous trading above its EMA50, with the emergence of the positive signals on the (RSI), after reaching oversold levels, reinforcing the positive scenario.