Gold extended its gains during its recent intraday trading, attacking the key resistance level of $4,100, supported by its continued trading above EMA50, which has turned into a dynamic support base that reinforces bullish momentum and supports the chances of further gains.

Gold is benefiting from breaching a major short-term bearish trendline, signaling a clear improvement in the technical outlook, alongside continued positive signals from the relative strength indicators, despite reaching overbought levels. Breaching this resistance and holding above it remains the decisive factor for opening the way toward targeting new resistance levels in the coming period.

The EURUSD pair continued its decline during its recent intraday trading, affected by its continued trading below EMA50, which continues to act as dynamic resistance, amid the dominance of the main short-term bearish trend.

Selling pressure has intensified as negative signals emerge from the relative strength indicators, after offloading previous oversold conditions, which brought bearish momentum back and increased the chances of further declines in the near term, unless the pair manages to regain trading above key technical resistance levels.

Bitcoin (BTCUSD) declined slightly in its last intraday trading, in a truce to catch its breath and gather the gains of its previous rises, attempting to offload some of its clear overbought conditions on the relative strength indicators, especially with the emergence of negative overlapping signals from them, as it approached from the key resistance of $67,000, which represents an expected target in our previous analysis, amid the dominance of the main bullish trend on the short-term basis, and its trading alongside supportive trend line for this path.

Crude Oil price settles with strong gains in its last intraday trading, amid the dominance of the bullish corrective trend on the short-term basis, with its trading alongside supportive trend line for this path, besides the emergence of the positive signals from the relative strength indicators, despite reaching overbought levels, benefiting from its ongoing trading above EMA50, which represents a dynamic support that reinforces extending these gains in the near upcoming period.