The price of (crude oil) extended its gains in its last intraday trading, supported by the emergence of positive signals from relative strength indicators, surpassing the resistance of EMA50, getting rid of its negative pressure, preparing to reach the key resistance at $60.50, amid the dominance of the main bullish trend on short-term basis, with its trading alongside supportive trend line for this trend.
The price of (silver) settles on gains in its last intraday trading, amid the continuation of the dynamic pressure that is represented by its trading above EMA50, reinforcing the stability and dominance of the main bullish trend, attempting to take a break to gather the gains of its previous rises, offloading some of its clear overbought conditions on the relative strength indicators, especially with the emergence of negative overlapping signals, retesting the bullish momentum that helps it to record new historical levels.
The price of gold declined in its last intraday trading, approaching the threshold of historical resistance at $5,000, witnessing natural profit-taking wave after its consecutive gains previously, and attempts to offload some of its clear overbought conditions on relative strength indicators, especially with the emergence of the negative signals from there, gathering its bullish momentum that might help it to resume its gains and record new all-time highs, amid the dominance of the main bullish trend on short-term basis.
The price of EURUSD declined in its last intraday trading, due to the stability of the key resistance at 1.1755, to gather the gains of its last rises, attempting to gain bullish momentum that might help it to breach this resistance, attempting to offload some of its clear overbought conditions on relative strength indicators, especially with the emergence of negative signals from there, amid the dominance of the bullish trend on short-term basis, with the continuation of the dynamic support that is represented by its trading above EMA50, reinforcing the chances of the price recovery on the near period.