BTCUSD price rose in its last intraday trading, due to the stability of $82,000 support, gaining some bullish momentum that helped it to achieve these gains, to recover some previous losses, attempting to offload some clear oversold conditions from relative strength indicators, especially with the emergence of positive signals from there, amid the continuation of the negative pressure due to its trading below its EMA50, reinforcing the stability and dominance of the main bearish trend on short-term basis, with its trading alongside trend line.
The price of (crude oil) reinforced its gains in its last intraday trading, amid the continuation of the dynamic support that is represented by its trading above EMA50, reinforcing the stability and dominance of the main bullish trend on short-term basis, with its trading alongside trend line, noticing the beginning of positive overlapping signals emergence from the relative strength indicators, after reaching exaggerated oversold levels compared to the price move, indicating the beginning of forming positive divergence that intensifies the chances of extending the gains on near-term basis.
The price of (silver) settles on sharp losses in its last intraday trading, surpassing EMA50’s support, putting it under negative pressure, on the other hand, we notice the emergence of positive overlapping signals from the relative strength indicators, after reaching oversold levels, exaggeratedly compared to the price move, indicating the beginning of positive divergence that might push the price for some cautious bullish rebound.
The price of gold experienced fluctuated moves in its last intraday trading, leaning on $5,000 main support, gaining bullish momentum especially with the price’s stability on EMA50’ support, which intensified the bullish momentum that helped it to rebound higher, amid the dominance of the main bullish trend on short-term basis, with its trading alongside supportive trend line for this track, reaching oversold levels by the relative strength indicators, exaggeratedly compared to the price move.