brent price declined in its recent intraday trading, erasing its early gains for today amid the emergence of the negative signals from relative strength indicators, attempting to look for higher low to use it as a base that might help it gain the required bullish momentum for its recovery, amid the dominance of the main bullish trend on short-term basis, with the continuation of the positive support due to its trading above EMA50, reinforcing the recovery chances on near-term basis.
The price of (crude oil) declined in its last intraday trading, with the emergence of negative signals from relative strength indicators, after reaching overbought levels, leaning on the support of its EMA50, attempting to gain bullish momentum that might help it to recover and rise again, amid the dominance of the main bullish trend on short-term basis.
The price of (silver) declined in its last intraday trading, in attempt to gain bullish momentum that might help it to breach $93.00 key resistance, amid the continuations of the positive pressure that comes from its trading above EMA50, which reinforces the stability and dominance of the main bullish trend on short-term basis, especially with its trading alongside trendline, with the emergence of positive signals from relative strength indicators.
The price of gold keeps its early gains on its last intraday trading, amid the dominance of the main bullish trend on short-term basis and its trading alongside main and minor trend lines, taking advantage of the dynamic support that is represented by its trading above EMA50, gaining renewed bullish momentum, especially with the emergence of positive signals from the relative strength indicators.