Bitcoin’s price (BTCUSD) declined in its recent intraday trading, leaning on EMA50’s support, to gain bullish momentum that might push it to recover and target breaching the stubborn resistance level at $68,000.

Accompanied by the continuation of the positive effect of breaching minor bearish trend line on short-term basis, keeping the positive technical overview, and the relative strength indicators begin showing new positive overlapping signals, after reaching exaggerated oversold levels compared to the price move, reinforcing the likelihoods of resuming the rise if the current support settles.

Crude oil prices declined in their last intraday trading, amid fluctuating trading, affected by the stability of the current resistance at $65.35, accompanied by reaching EMA50’s resistance, forming double negative technical pressure that limited the recovery attempts.

Accompanied by the emergence of negative overlapping signals on relative strength indicators, after offloading the previous oversold conditions, which might open the way for more corrective downside moves on near-term basis, especially if the trading continued below the mentioned resistance level.

Silver prices reinforced its gains in their last intraday trading, supported by the stability of the key support at $86.00, providing sold technical base that provides clear bullish momentum, this improvement accompanied by forming positive divergence on relative strength indicators after reaching several oversold levels, with the emergence of positive signals that supports the continuation of the recovery.

The price is moving alongside bullish corrective wave on short-term basis, taking advantage of its stability above EMA50, reinforcing the chances of extending the gains in the upcoming period, unless selling pressures appear to retest support levels again.

Gold price continues its fluctuating trading withing tight sideways range on the last intraday levels, in a clear attempt to gain bullish momentum that might ease the way for resuming the rise. The price is leaning on key dynamic support that is represented by its stability above EMA50, reinforcing the stability of the bullish trend on short-term basis.

Gold is moving alongside supportive trend line for this track, providing technical stability, accompanied by the emergence of new positive signals on the relative strength indicators, which supports the likelihoods of breaching the sideways range if this momentum continues.