(Crude Oil) slipped lower during its latest intraday trading, as part of a corrective move that led it to find support at its EMA50, which limited selling pressure and gave the price an opportunity to search for a higher low that could form a base for a new upward move.

The chances of recovery increase as a positive crossover begins to emerge on the relative strength indicators after reaching extremely oversold levels, to suggest forming a positive divergence that could support a return of buying momentum. With the short-term uptrend still intact, the prospects of resuming gains remain valid if the price holds above its current support.

(SILVER) rose during its latest intraday trading, with the price attacking the current resistance level at $60.00, benefiting from the dominance of the short-term bullish corrective wave, while moving along a supportive trend line that reinforces the stability of this upward path.

The price also continues to benefit from the dynamic support provided by trading above its EMA50, which offers a strong base for the continuation of positive momentum. A breakout above this resistance and sustained trading above it remain important factors in paving the way for targeting new resistance levels in the near term.

(GOLD) rose during its latest intraday trading after finding support at its EMA50, regaining its positive momentum and attacking the key resistance level at $4,100, supported by the continued dominance of the short-term bullish corrective wave.

Despite the strength of the positive movements, the relative strength indicators entered extremely overbought territory compared with the price action, which could limit the pace of further gains or lead to some volatility and profit-taking before attempting to breach this resistance and target higher levels in the coming period.

The EURUSD pair surged during its latest intraday trading, after the key support level at 1.1380 successfully halted selling pressure, giving the pair positive momentum that helped it achieve a limited rebound and recover part of its previous losses.

Despite this improvement, the technical outlook remains cautious after the pair previously broke below a rising corrective trend line, while continuing to trade below its EMA50, which continues to act as dynamic resistance. Therefore, recovery prospects remain limited unless the pair manages to reclaim key technical resistance levels in the coming period.