Brent oil price continues to rise to surpass 70.10$ level and reach the bearish channel’s resistance line that appears on the chart, accompanied by stochastic loss to the positive momentum clearly and entering the overbought areas, to form negative pressure that we expect to push the price to rebound bearishly in the upcoming sessions.

Crude oil price tested 67.05$ level again and consolidates below it until now, facing continuous negative pressure provided by the EMA50, to support the chances of continuing the overall bearish trend that its next main target reaches 65.85$ areas.

Silver price fluctuates around 32.86$, noticing that the price closed yesterday above it, to support the chances of continuing the bullish trend in the upcoming period and head to achieve new gains that start at 33.35$ and extend to 33.75$.

Gold price touched 2920.00$ level and found solid resistance there, noticing that stochastic shows clear negative signals that might hinder the mission to achieve the breach, which might force the price to provide temporary negative trades and testing 2895.00$ areas in the upcoming sessions.

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