Silver prices (SILVER) declined in their recent intraday trading, to remain under the dominance of bearish corrective trend on short-term basis, with the continuation of its trading alongside minor trend line that reinforces this track, and the scene becomes darker with the stability of the price below EMA50, which might put extra negative pressure and limit the chances of sustainable recover soon.
The relative strength indicators began showing new negative overlapping signals after offloading their previous oversold conditions, opening the way for another bearish wave that might push the price to decline
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Gold prices declined in recent intraday trading, in attempt to reorganize the ranks and gain new momentum that might help it to breach the key psychological resistance at $5,000, leaning on key dynamic support due to its stability above EMA50, keeping the dominance of the minor bullish wave on short-term basis, especially with the continuation of the trading alongside supportive trend line.
MoreThe (EURUSD) price continues its fluctuating trading in its last intraday trading, attempting to build bullish momentum to ease the way for regaining the upside track, getting significant support by its stability above EMA50, which reinforces the chances of the recovery on near-term basis, especially with the continuation of its trading alongside main bullish trend line that detect the short-term trend lines.
MoreThe (BTCUSD) price extended its gains on its last intraday levels, supported by the emergence of positive signals from relative strength indicators, which helped it to breach minor bearish trend line on short-term basis, gaining bullish momentum that led it to surpassing EMA50, to get rid of its negative pressure, reinforcing the chances of extending these gains on intraday basis.
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