Gold price rallied higher in its last intraday trading, affected by the technical flag’s pattern on the short- term basis, which complete the main bullish trend on the short- term basis, as it gets advantage from the positive signals that appear on the (RSI) indicators, despite reaching overbought levels, which makes it recover and record new highs.

Silver price declined slightly in its recent intraday trading, with its move within limited sideways range, attempting to gain positive momentum that assist it to recover and rise again, amid the dominance of the bullish correctional on the short- term basis, and its trading alongside the trendline, as we notice the return of the positive signals emergence on the (RSI), after the price succeeded to get rid of some of its overbought condition.

Crude oil price has slightly declined in its recent intraday trading, with the stability of the stubborn resistance at $61.50. Negative signals are also appearing on the Relative Strength Index (RSI) indicators, and the price continues to suffer from negative pressure due to its trading below the EMA50.

Brent crude oil price has shown calm movements with a slight bearish bias in its recent intraday trading, amid the stability of the key resistance level at $64.80. This resistance represents the dividing line for the next price movement—between extending the current short-term bullish correctional wave or returning to a downside.