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Brent crude price extends gains - Forecast today - 21-03-2025

Economies.com
2025-03-21 06:23AM UTC

Brent crude price kept rising in the intraday levels, boosted by trading above the 50-candle SMA, while moving within an ascending correctional price channel in the short term, with the price about to touch its resistance, coinciding with the Stochastic reaching overbought levels.

 

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US crude oil price reinforces upward stance - Forecast today - 21-03-2025

Economies.com
2025-03-21 02:24AM UTC

US crude oil prices kept rising in intraday trading and successfully pierced the pivotal resistance of $68.00, boosted by trading above the 50-candle SMA, amid the dominance of the upward correctional trend in the short term, while the price moves alongside the trend line.

 

However, it’s important to note that the Stochastic has reached overbought levels, which could hinder upcoming gains and might force the price into a correction to gather positive momentum and vent off that overbought saturation.

 

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Silver price boosted by positive factors - Forecast today - 21-03-2025

Economies.com
2025-03-21 02:23AM UTC

Silver price settled higher in intraday trading, leaning on the support of an ascending price channel, while boosted by trading above the 50-candle SMA, which provides increasing positive pressures on the price that could help it rebound and recoup earlier losses, especially as positive signals start streaming out of the Stochastic once more, and with the dominance of the main upward trend. 

 

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Gold price stalls and gathers steam - Forecast today - 21-03-2025

Economies.com
2025-03-21 02:22AM UTC

Gold prices settled higher in intraday levels after a day of profit collection and momentum gathering, with the price successfully venting off overbought saturation that was apparent in the Stochastic, but it rebounded quickly and recouped most of the losses, amid the dominance of the main upward trend, as the price moves alongside main and secondary trend line, with positive signals streaming out of the Stochastic once again.

 

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