Bitcoin (BTCUSD) slipped lower during its recent intraday trading sessions, to break a main bullish trend on the short-term basis, ending the hopes of its near-term recover, especially with negative pressure due to its trading below EMA50, with the emergence of negative signals from the relative strength indicators, after forming negative divergence that intensifies the negative pressure on the price.
Crude Oil prices declined in recent intraday trading, attempting to gain bullish momentum that might help it to recover and rise again, 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 the short-term basis, noticing the appearance of positive overlapping signals on the relative strength indicators after reaching exaggerated oversold levels compared to the price move.
Gold price rose in its recent intraday trading, as it leans on EMA50’s support, gaining bullish momentum that helped it to achieve these gains, amid the dominance of the bullish trend on the short-term basis, on the other hand, we notice the beginning of the negative signals emergence from the relative strength indicators, after reaching overbought levels, which might obstruct reinforcing these gains in the upcoming near period.