Silver price rose in latest intraday trading after leaning on the upward trend line in the short term, while also leaning on the support of the 50-candle SMA, as positive signals start to emerge from the Stochastic after reaching oversold levels, with all these factors helping the price rebound once more.

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US crude oil price edged lower in latest intraday trading on profit-taking, while trying to gather positive momentum to rebound once more, amid the dominance of the upward correctional trend in the short term, as the Stochastic reached oversold levels compared to the price’s movements, hinting at positive divergence, which would reinforce the positive scenario.

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Brent crude oil price dipped in latest intraday trading as it tries to vent off overbought saturation in the Stochastic, with negative signals emerging from it, as the price gathers positive momentum to rebound and rise anew, amid the dominance of the upward correctional trend in the short term while the price trades alongside the trend line.

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Silver price engaged in sideways trading in the intraday levels while trying to gather positive momentum to return higher, as it also maintained the upward short-term trend line, with additional positive support due to trading above the 50-candle SMA.