Gold price edged down in latest intraday trading with negative signals emerging from the Stochastic, as the price tries to gather positive momentum to rise anew, while also leaning on the support of the 50-candle SMA.

It comes amid the dominance of the main upward trend while trading alongside a secondary short-term trend line, as the price tries to breach the Flag pattern, which is complementary to that positive trend in the intraday levels. 

Silver price managed to shake off negative pressure from the 50-candle SMA in latest intraday trading and recovered under the dominance of the main upward trend, while trading alongside a secondary trend line in the short term, with some slight corrections to collect earned profits, while also trying to vent off overbought saturation in the Stochastic with negative signals emerging out of it, as the price gathers momentum to help it resume the advance.

US crude oil price rose in latest intraday trading, boosted by continuous trading above the 50-candle SMA, with the dominance of the upward correctional trend as the price trades alongside the trend line, while a positive divergence starts to form in the Stochastic after reaching oversold levels compared to the price’s movements, sending out positive signals.

Brent crude oil prices were little changed in latest intraday levels, after managing to vent off oversold saturation that was apparent in the Stochastic, with the price resuming its advance amid the dominance of the upward correctional trend in the short term while trading alongside the trend line, as the price is also boosted by continuous trading above the 50-candle SMA.