The (Gold) price continued its gains in its last intraday trading, supported by the emergence of positive signals on the (RSI), despite entering overbought levels. the price managed to surpass the resistance level at $3,315, indicating clear improvement in the bullish momentum on the intraday basis.
This rise is accompanied by surpassing the EMA50, despite the continuation of the trading within a bearish correctional trend on the short-term basis, and its stability alongside a bearish bias line, this contradiction between the technical signs might open the way for fluctuated trading unless confirming changing the main trend.
The (EURUSD) rose in its last intraday trading, supported by the emergence of positive signals on the (RSI), which assisted the pair to regain its bullish momentum temporarily. This rise pushed it to retest the significant resistance at 1.1745.
This rise is accompanied by approaching from the top of bearish correctional channel that limited its moves recently, besides hitting the resistance of the EMA50, which adds more of technical importance to the barrier, which might limit the price in its upcoming move.
The (BTCUSD) rose in the last intraday levels, after it succeeded in its previous trading in offloading its clear overbought conditions on the (RSI), to notice the beginning of positive overlapping signals appearance on the short-term basis, and its trading alongside a bias line.
The (crude oil) returned to rise in its last intraday trading, amid the continuation of the positive pressure that comes from its trading above its EMA50, which represents a dynamic support that keeps the bullish track, amid the dominance of the main bullish trend on the short-term basis and its trading alongside a bias line.