Bitcoin (BTCUSD) Rises Under the Influence of Key Support – Analysis – 03-09-2026

Crude oil settles higher in its latest intraday trading, benefiting from the emergence of a positive divergence on the relative strength indicators after they reached extremely oversold levels. This coincides with the emergence of positive signals from them, strengthening the chances of the price gaining further bullish momentum in the near term. This comes amid continued positive pressure resulting from trading above EMA50, which provides a dynamic support base that reinforces the stability and dominance of the main short-term bullish trend, supporting the chances of further gains amid the improving technical signals surrounding the price movement.

Silver rose during its latest intraday trading, attempting to recover part of its previous losses and retest the key resistance level of $65.60. This comes as the price was previously affected by breaking below a major short-term bullish trend line, with continued negative pressure resulting from trading below EMA50, which reduces the chances of a full recovery in the near term.

Gold keeps its recent gains, driven by positive signals from the relative strength indicators, bringing the price back to retest the key resistance level of $4,400. However, this comes amid the dominance of a steep bearish corrective wave in the short term, with continued negative pressure resulting from trading below EMA50.