The price of (Brent) rose in its last intraday trading, due to the stability of the critical support at $74.70, gaining more of the positive momentum with the continuation of the dynamic support that is represented by its trading alongside a minor bullish trend on the short-term basis, reinforcing its move above its EMA50, and the price succeeded in offloading its clear overbought conditions on the (RSI), providing bigger space for achieving more of the gains.
The price of (crude oil) rose in its recent intraday trading, getting ready to attack the critical resistance level at $75.00, after gaining positive momentum and its success in offloading its overbought condition on the (RSI), amid the continuation of the negative pressure that comes from its trading above EMA50, and under the dominance of the main bullish trend on the short- term basis and its trading alongside a bias line.
The price of (Silver) rose in its last intraday trading, to attempt to recover some of its losses, and attempt to offload some of its clear oversold conditions on the (RSI), especially with the beginning of the positive signals emergence, amid the dominance of bearish correctional wave and its affection by breaking a bullish trend line on the short-term basis, with the continuation of the negative pressure due to its trading below EMA50.
The price of (Gold) rose in its last intraday trading, attempting to recover some of the previous losses, amid its affection by breaking a bullish trend line on the short-term basis, and there are negative pressure by its trading below EMA50, besides the emergence of the negative signals on the (RSI), after the price success in offloading its oversold levels.