The price of (crude oil) witnessed calm limited range trading, amid the continuation of the negative pressure that comes from its trading below its EAM50, with the beginning of forming a negative divergence on the (RSI), after reaching overbought levels, exaggeratedly compared by the price move.
The price of (silver) declined in its recent intraday trading, amid the dominance of the bullish trend on the short-term basis with the continuation of the positive pressure due to its trading above the EMA50, gathering the gains of it’s last rises, and attempts to offload some of its clear overbought condition on the (RSI), especially with the beginning of negative overlapping signals appearance, to gather its positive strength that might assist it to recover and rise again.
The price of (Gold) declined in its recent intraday trading, due to the stability of the current resistance at $3,350, amid the absence of trading volume due to holidays in the united states, which makes the price attempt to offload some of its clear overbought condition on the (RSI), especially with the emergence of the negative signals from there, with its trading alongside a minor bullish trend line on the short-term basis.
The price of (EURUSD) declined in its recent intraday trading, to gather the gains of its last rises, and attempts to gain a positive momentum that might assist it to rise again, and attempts to offload some of its clear overbought conditions on the (RSI), especially with the beginning of negative overlapping signals appearance, amid its trading alongside a minor bullish trend line on the short-term basis.