Gold achieved a clear improvement in recent intraday trading, preparing to reach the key resistance at $4,225, supported by the emergence of clear positive signals on the relative strength indicators, after forming positive divergence that show an improvement in the buying power, reinforcing the chances of the bullish momentum continuation.

Gold leans on strong dynamic support that is represented by its trading above EMA50, besides the dominance of the main bullish trend on the short-term basis, with its continuous trading alongside supportive trend line for this trend, these factors provides solid base that may help it target new resistance levels on the near-term basis.

The (EURUSD) price reinforced its strong gains in its last intraday trading, taking advantage of the solid stability above the key support at 1.1605, supported by the relative strength indicators by sequence positive signals, after forming positive divergence that indicate a clear improvement in buying strength and a market tendency to retest higher levels.

The price remains moving within bullish corrective channel’s range on a short-term basis, getting key dynamic support due to its stability above EMA50, these technical data provide extra chance for extending the gains, conditioned by keeping its main support and keeping the current momentum.

The (BTCUSD) price extended its strong gains in its last intraday trading, surpassing the resistance of its EMA50, which led it to attack main bearish trend line on the short-term basis, supported by the emergence of the positive signals on the relative strength indicators, despite reaching overbought levels.

The (crude oil) rose in its last intraday trading, affected by the negative pressure due to its trading below EMA50, reducing the chances of its recovery on the near-term basis, especially with the emergence of the negative signals on the relative strength indicators, after reaching overbought levels.