Bitcoin’s price rose during its last intraday trading, taking advantage of $86,000 support stability, which was an expected target in our previous analysis, attempting to recover some of its previous losses, accompanied by its attempts to offload some of its clear oversold conditions on relative strength indicators, especially with emergence of positive overlapping signals that indicate temporary improvement in the momentum.

Despite this rebound, the negative pressure remains dominant on the short-term trading, amid the dominance of the bearish trend and its trading alongside a restrictive trend line, besides the continuation of the trading below its EMA50, which reduces the chances of sustainable recovery on near-term basis.

Crude oil prices witnessed fluctuating trading on their last intraday levels, attempting to gain bullish momentum that might help it to recover and rise again, accompanied by its attempts to offload some of its clear overbought conditions on relative strength indicators, especially with the emergence of negative overlapping signals that indicates temporary decline in the bullish momentum.

Despite these limited bullish moves, the main bullish trend remains dominant on short-term basis, supported by the continuation of the dynamic support due to its trading above EMA50, besides its trading alongside supportive trend line, reinforcing the chances of keeping the bullish trend in the upcoming period.

Silver prices kept rising in their last intraday trading, with clear dominance for the main bullish trend on short-term basis, with its organized trading alongside supportive main and minor trend lines for this trend, indicating the strength and stability of the dominant bullish momentum on the trading.

The solid technical support continues due to its trading above EMA50, besides the emergence of positive signals from relative strength indicators, despite its stability within overbought levels, which might open the way for limited corrective fluctuations without undermining the main bullish trend.

Gold kept rising in its last intraday trading, to breach the historical resistance of $5,000 for the first time ever, confirming the strength of the dominant bullish momentum amid its stability above EMA50, which represents key dynamic support that reinforces the dominance of the main bullish trend on short-term basis.

The price get extra support by the positive signals’ emergence from relative strength indicators, after offloading its overbought conditions, opening the way for extending its intraday gains, and opens the way for targeting higher levels in the upcoming period, with the possibility of natural fluctuations emerging because of limited profit-taking, without undermining the bullish trend.