Gold price rose during its recent intraday trading, keeping its fluctuated moves in sideways range to gather the required bullish momentum for resuming the rise, amid the dominance of minor bullish wave on short-term basis, with organized trading alongside supportive trend line for this path, besides the trading above EMA50, which provides dynamic support that reinforces the stability of the trend.

On the other hand, the relative strength indicators began to show negative signals after reaching overbought levels, which might indicate a temporary slowness in the bullish momentum and limits the upcoming gains.

The (EURUSD) price rose in its last intraday trading, supported by the emergence of positive signals from relative strength indicators, providing clear technical momentum that helped it to improve its image on a short-term basis, this improvement was crowned successfully breaking bearish corrective trend line, indicating a clear change in its movement.

Accompanied by surpassing EMA50’ resistance, surpassing the dynamic pressure and reinforcing the chances of extending its gains in near period, so the stability of these breached levels remains the key factor for the bullish momentum continuation, while the decline below it might turn the selling pressures back again.

The (BTCUSD) price extended its gains to its last intraday levels, supported by the emergence of positive signals from relative strength indicators, despite reaching overbought levels, exaggeratedly compared to the price move, reaching EMA50’s resistance, intensifying the negative pressure on the price.

The (crude oil) price settles on a decline in its last intraday trading, leaning on $65.35 key support, amid the price attempts to look for higher low to use it as a base to help it gain the required bullish momentum for its recovery, amid the continuation of the dynamic support that is represented by its trading above EMA50, under the dominance of the main bullish trend on short-term basis.