Gold price edged higher in latest intraday trading after leaning on the support of the 50-candle SMA, lending the price positive momentum, especially amid the dominance of the main upward trend as the price trades alongside the secondary short-term trend line, while positive signals start emerging from the Stochastic.

Silver price rose in latest intraday trading while constantly trying to gather positive momentum to rebound, as it leaned on the support of the 50-candle SMA, amid the dominance of the main upward trend as the price moves alongside the trend line, while the Stochastic reached oversold levels compared to the price’s movements, bolstering the positive outlook.

US crude oil price settled higher in latest intraday trading after reaching our price target of $70.000, bouncing off it lower amid negative signals from the Stochastic after reaching overbought levels in a contradiction to the price’s action, thus forming a negative divergence, which could boost the negative scenario.

It comes amid the dominance of the upward correctional trend as the price moves alongside the trend line, with ongoing positive pressure due to trading above the 50-candle SMA.

Brent crude price advanced in latest intraday trading, settling above the important resistance of $73.60 in a confirmation of its breach, amid the dominance of the upward correctional trend in the short term as the price settles alongside the trend line, coupled with positive support due to trading above the 50-candle SMA.