Brent crude oil’s price extended its gains in its recent intraday trading, attempting to correct the main bearish trend on the short-term basis, amid its trading alongside steep minor bearish trend line, to retest $60.00 resistance, supported by the emergence of the positive signals on the relative strength indicators, reaching exaggerated overbought levels compared to the price move, to indicate a quick decline for the bullish momentum.

The price of (crude oil) witnessed sharp gains in its last intraday trading, supported by the emergence of the positive signals on the relative strength indicators, to retest the resistance at $56.40 level, amid the continuation of the negative pressure that comes from its trading below EMA50, reducing the chances for a sustainable recovery on the near-term basis, especially with its trading alongside steep minor bearish trend line on the short-term basis.

The price of (silver) settled with strong gains on its last intraday levels, attempting to gather ist gains and offloading some of its overbought conditions on the relative strength indicators that might help it to resume its strong gains, to gather its positive strength that might help it to resume its gains in the upcoming period, amid the dominance of the main bullish trend on the short-term basis and its trading alongside supportive trend line for this trend.

The price of (Gold) declined slightly in its last intraday trading, attempting to gain bullish momentum that might help it to recover and exit the fluctuating area on the intraday basis, taking advantage of the dynamic support that is represented by its trading above EMA50, reinforcing the stability and dominance of the bullish trend on the short-term basis and its trading alongside positive signals on the relative strength indicators.