BTCUSD price declined in its last intraday trading, to remain stable below $88,000, amid its trading alongside bearish trend line on short-term basis, with the continuation of the dynamic negative pressure that is represented by its trading below EMA50, reducing the chances of the recovery on near-term basis, especially with the emergence of the negative signals from relative strength indicators, despite reaching oversold levels.
The price of (crude oil) extended its gains in its last intraday trading, reaching the expected target in our previous analysis at $64.40 resistance, amid the dominance of the main bullish trend on short-term basis, with the continuation of the positive pressure due to its trading above EMA50, besides the emergence of the positive signals from relative strength indicators, despite reaching overbought levels, which might reduce the upcoming gains.
The price of (silver) declined in its last intraday trading, attempting to gain bullish momentum that may help it to recover and rise again and attempt to offload some of its overbought conditions on relative strength indicators, especially with the emergence of negative overlapping signals, amid the continuation of the dynamic support that is represented by its trading above EMA50, reinforcing the dominance and stability of the main bullish trend on short-term basis.
The price of gold declined in its last intraday trading, taking a breather to gather the gains of its previous rises, and offloading some of its clear overbought conditions on relative strength indicators, especially with the emergence of negative signals from there, to gather bullish momentum for resuming its strong gains, amid the dominance of the main bullish trend on short-term basis with its trading alongside minor trend line.