Brent crude oil witnessed fluctuation trading on its last intraday levels, taking advantage of the dynamic support that is represented by its trading above EMA50, attempting to gain bullish momentum that might help it to keep the positive track in its intraday trading.

The price of (crude oil) declined in its last intraday trading, amid the emergence of the negative signals on the relative strength indicators, attempting to gain bullish momentum that might help it to recover and rise again, amid the continuation of the positive support due to its trading above EMA50, with its trading alongside minor bullish trend line on the short-term basis, reinforcing the chances of the price recovery in the upcoming period.

The price of (silver) declined in its last intraday trading, due to the stability of the solid resistance at $58.80, with the emergence of the negative signals on the relative strength indicators, after reaching overbought levels, attempting to gain bullish momentum that might help it to recover and rise again, especially with its trading alongside main and minor trend line on the short-term basis.

The price of (Gold) rose in its last intraday trading, as it leans on the EMA50’s support, gaining bullish momentum that helped it to stop its early losses, especially with the beginning of forming positive divergence on the relative strength indicators, after reaching oversold levels, exaggeratedly compared to the price move, with the emergence of the positive signals from there, under the dominance of the bullish trend on the short-term basis and its trading alongside trend line.