The (Gold) price soars high in its last intraday trading, recording new historical prices, reaching our previous target at $3,540, supported by its stability above EMA5O, reinforcing the positive momentum.
This rise comes under the dominance of the main bullish trend on the short-term basis, with its trading alongside supported main and minor bias lines, besides the emergence of the positive signals on the (RSI), indicating the continuation of the buyers’ strength to control the precious metal trend.
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The (EURUSD) declined in its last intraday trading, deepening its yesterday’s sharp losses, settled below EMA50, which increases the strength of the negative pressure.
Despite its attempts to offload the clear oversold conditions on the (RSI) previously, it failed to keep its intraday gains returning to decline quickly, indicating the continuation of the seller’s dominance in the near-term trading.
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The (BTCUSD) declined in its last intraday trading, in an attempt to gather the gains of its early rises, to attempt to gain positive momentum that might help it to rise again, attempting to offload some of its clear overbought on the (RSI), especially with the appearance of negative overlapping signals, taking advantage of the positive support due to its trading above EMA50, and affected by breaching a main bearish trend line on the short-term basis.
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The (crude oil) witnessed mixed trading on its last intraday trading, to remain stable above the critical resistance at $65.00, which represents a positive signal for resuming the rise, after offloading some of its clear overbought conditions on the (RSI), amid the continuation of the dynamic pressure that is represented by its trading above EMA50, and under the dominance of the bullish correctional trend on the short-term basis and its trading alongside bias line.
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