Silver settles with cautious gains during its latest intraday trading after rebounding from the key support level at $57.00, which provided technical support and helped the metal recover part of its recent losses.

However, the rebound is facing a key technical test as the price hits a minor bearish trend line, facing resistance at EMA50, making further gains more difficult. At the same time, the relative strength indicators started to generate bearish signals after reaching overbought levels, increasing the risk of renewed selling pressure unless silver manages to breach current resistance levels.

Gold declined during its latest intraday trading after facing strong resistance at EMA50, while testing a main short-term bearish trendline, facing renewed selling pressure that prevented a recovery and allowed sellers to regain control.

The decline was accompanied by the emergence of a bearish crossover on the relative strength indicators after it reached overbought levels, signaling fading bullish momentum and increasing the likelihood of recording new losses unless gold manages to surpass resistance levels and regains positive momentum.

The EURUSD pair fluctuated during its recent intraday sessions, while the short-term corrective bullish trend remains dominant, leaning on EMA50, as it attempts to build fresh bullish momentum to support resuming the near-term rise.

Meanwhile, the pair is easing its overbought conditions on the relative strength indicator, after the emergence of a bearish crossover, signaling a temporary loss of bullish momentum. However, the corrective bullish trend remains valid if the pair holds above its moving average, keeping the outlook for higher resistance levels intact.

Bitcoin (BTCUSD) witnessed sharp and strong gains on its last intraday levels, supported by the emergence of the positive signals from the relative strength indicators after reaching oversold levels, to recover the resistance of EMA50, to represent a dynamic support base that reinforces the chances of extending these gains in the near upcoming period, especially with the dominance of the bullish trend on the short-term basis.