Brent oil price provides positive positive trades to support the expectations of continuing the main bullish trend, and we believe that the way is open to achieve our positive targets at 69.00 followed by 70.00.

Therefore, the bullish trend scenario will remain valid and active conditioned by the price stability above 65.10, noting that the EMA50 continues to support the suggested bullish wave.

The expected trading range for today is between 65.50 support and 68.00 resistance.

The expected trend for today: Bullish

Crude oil price confirmed breaching 62.20 level after closing the daily candlestick above it, to confirm heading towards achieving expected gains in the upcoming sessions, paving the way to head towards 65.60 that represents the next positive target.

The EMA50 provides the positive support to the price, to suggest the positive trades on the intraday and short term basis conditioned by the price stability above 62.20 and 61.60 levels.

The expected trading range for today is between 62.00 support and 64.60 resistance.

The expected trend for today: Bullish

Silver price keeps its stability inside the intraday bullish channel, getting continuous positive support by the EMA50, waiting to get positive momentum that assists to push the price to head towards our main expected target at 27.00.

In general, the bullish trend scenario will remain valid and active for the upcoming period unless breaking 25.50 and holding below it.

The expected trading range for today is between 25.90 support and 26.60 resistance.

The expected trend for today: Bullish

Gold price trades negatively to break the bullish channel’s support line and settles below it, which urges caution from the upcoming trading, as the price needs to step above 1785.00 to confirm the continuation of the recently suggested bullish trend, which targets 1800.00 followed by 1838.00 as next main stations.

Note that breaking 1774.00 followed by 1765.00 levels will stop the expected rise and put the price under additional negative pressure that will turn the trend to decline and visit 1735.00 areas initially.

The expected trading range for today is between 1760.00 support and 1800.00 resistance.

The expected trend for today: Bullish