The (Gold) price soars high in its last intraday trading, reaching our previous target at the main resistance of $3,500, recording new historical level that confirms the dominance of the main bullish trend, this move was supported by trading alongside minor and main bias lines, indicating the strength of the current bullish track.
At the same time, the (RSI) began showing new positive overlapping signal, after the gold success in offloading the overbought condition, opening the way towards achieving more of the gains on the near-term basis, and the positive momentum remains valid.
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The (EURUSD) declined in its last intraday trading, affected by the stability of the resistance level at 1.1730, the price attempts to gain bullish momentum that might help it to recover and breach this resistance.
The price is supported by the continuation of its trading above EMA50, and it is under the dominance of bullish wave on the short-term basis, and its trading alongside supportive bias line for this track, as we notice that the (RSI) reached oversold levels, to suggest forming a positive divergence that might increase the positive pressure and eases the way for a new attempt towards the mentioned resistance preparing to attack it.
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The (BTCUSD) declined in its last intraday trading, despite the emergence of the positive signals on the (RSI), which helped it to recover some of its previous losses in its early trading, but it reached the current resistance at $109,000, which forced it to decline amid the continuation of the negative pressure that comes from its trading below EMA50, and under the main bearish trend on the short-term basis and its trading alongside a bias line.
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The (crude oil) settled with strong gains in its last intraday trading, getting ready to attack the critical resistance at $65.00, supported by its continuous trading above EMA50, and under the dominance of bullish correctional wave on the short-term basis, besides the emergence of the positive signals on the (RSI), despite reaching overbought levels.
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