Gold is experiencing mixed intraday trading near its recent levels, taking a breather after the previous gains. The metal is attempting to build fresh positive momentum that could support the continuation of its bullish path in the coming period.

The technical outlook remains positive, as the short-term corrective upward wave continues to dominate. Additional dynamic support is provided by trading above the EMA50, while relative strength indicators continue to generate positive signals, strengthening the likelihood of further gains and the targeting of new resistance levels in the near term.

The EURUSD pair rose during its recent intraday trading, benefiting from a breaching a major short-term bearish trend line. This positive technical signal reflects a clear improvement in buying interest and a decline in the selling pressure that dominated the pair’s movement.

The pair also continues to benefit from the positive impact of the double-bottom pattern, along with dynamic support by trading above its EMA50. This comes as relative strength indicators continue to deliver positive signals, enhancing the prospects for further gains and targeting higher resistance levels in the near term.

Bitcoin (BTCUSD) declined during its recent intraday trading, with the emergence of the negative signals from the relative strength indicators, as they reached exaggerated oversold levels compared to the price movement in the near upcoming period, amid the dominance of the bullish corrective trend on the short-term basis, with the continuation of the positive support that comes from its trading above EMA50, which represents a support base that weakens the chances of deepening these losses.

Crude Oil prices kept declining during recent intraday levels, to break $76.00 support, which represents our last expected target in our previous analysis, amid the dominance of the short-term main bearish trend, with the trading alongside supportive trend line for this path, besides the emergence of the negative signals from the relative strength indicators, after offloading its oversold levels, intensifying the negative pressures.