Brent oil price provided new negative trades to approach our first waited target at 72.20$, and continues to move inside the main bearish channel that appears on the chart, which supports the chances of continuing the bearish trend on the intraday and short-term basis, supported by the EMA50.
Crude oil price provided additional negative trades yesterday, reinforcing the expectations of continuing the domination of the bearish trend in the upcoming sessions, affected by the RSI positivity that hinders the mission to continue the decline now.
Silver price still stuck between the trend confirmation levels represented by 31.63$ support and 32.20$ resistance, which keeps our neutrality valid until now, waiting to breach one of these levels to detect its next destination clearly.
Gold price shows sideways trades since yesterday, settling below the EMA50 that forms good resistance against the price, noticing that stochastic loses its positive momentum clearly.