The price of (crude oil) declined in its last intraday trading, breaking the key support at $62.85, confirming the price momentum to deepen its losses, amid its affection by breaking a bullish correctional trend line on the short-term basis, with the continuation of the negative pressure that comes from its trading below EMA50, besides the emergence of the negative signals on the (RSI), after reaching overbought levels, opening the way for recording more of the losses.
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The price of (Silver) witnessed slight decline in its last intraday trading, in an attempt to gather its positive strength that might help it to keep the bullish track on the short-term basis, amid its trading alongside a minor trend line, supported by its continuous trading above EMA50, with the emergence of the positive signals on the (RSI), intensifying the positive pressures.
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The price of (Gold) declined in its last intraday trading, in attempt to gain positive momentum that might assist it to rise again, and offloading its clear overbought conditions on the (RSI), amid the emergence of the positive overlapping signals, opening the way towards targeting new resistance levels, amid the dominance of the main bullish trend and its trading alongside a bias line that indicates the dominance of this track.
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The price of (EURUSD) extended its gains in its last intraday trading, to succeed in surpassing the negative pressure of the EMA50, under the dominance of minor bullish wave on the short-term basis and its trading alongside a supportive bias line for this track, on the other hand, the (RSI) reached overbought levels, with the emergence of negative overlapping signals from there, which might reduce the gains on the near-term basis.
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