The price of (crude oil) fluctuated in its last intraday levels, benefiting from the positive signals from relative strength indicators, which helped it to settle against the dynamic negative pressure due to its trading below EMA50, affected by breaking main bullish trend line on short-term basis.

The price of (silver) rose slightly on its last intraday levels, supported by the positive signals emergence from relative strength indicators, however the price remains stable below $78.50 resistance, and under negative pressure due to its trading below its EMA50, reinforcing the stability and dominance of the bearish correction trend on short-term basis, especially with its trading alongside supportive trend line for this path.

The price of gold settles in key area to detect its upcoming trend, leaning on EMA50’s support, accompanied by its stability of minor bullish trend line on short-term basis, to attempt to breach the psychological and key resistance at $5,000, which will detect the upcoming trend if the price manages to breach it, after offloading the overbought conditions on relative strength indicators, opening the way for achieving strong gains on a near-term.

The price of EURUSD continued its sideways trading in limited range on its last intraday trading, waiting for a new bullish momentum that might help it to recover and rise again, to remain leaning on EMA50’s support, which reinforces achieving the bullish scenario amid the dominance of the main bullish trend on short-term basis, with its trading alongside trend line, on the other hand, we notice the emergence of negative signals from relative strength indicators, which helped the pair in this weak performance.