Brent oil price couldn’t manage to break 72.06$ level, to provide positive trades by today’s open and head towards achieving expected gains in the upcoming sessions, on its way to visit 73.90$ as a first station.

Therefore, we expect to witness more rise today, and breaching the targeted level will extend the bullish wave to reach 75.36$ areas, while breaking 72.06$ will stop the bullish trend and push the price to start bearish wave that targets 71.15$ followed by 70.00$ levels initially.

The expected trading range for today is between 71.70$ support and 73.70$ resistance.

Trend forecast: Bullish

Crude oil price surpassed 68.64$ level and settled above it, starting today with new rise after completing the double bottom pattern that its signs appear on the chart, to head towards achieving gains that we expect to reach 70.58$ areas on the near-term basis.

Therefore, the bullish bias will be suggested for today, taking into consideration that breaking 68.64$ will stop the bullish trend and push the price to decline again.

The expected trading range for today is between 67.70$ support and 70.70$ resistance

Trend forecast: Bullish

Silver price settles above 31.63$, to keep the positive scenario valid for the upcoming period, depending on the formation of the double bottom pattern that appears on the chart, waiting to visit 32.86$ as a next target.

The EMA50 supports the price from below to reinforce the expectations to rise, which will remain valid unless breaking 31.63$ - 31.45$ levels and holding below them.

The expected trading range for today is between 31.60$ support and 32.50$ resistance.

Trend forecast: Bullish

Gold price succeeded to achieve our first waited target at 2700.00$, and we expect to surpass this level to open the way to achieve new gains that extend to 2745.00$ followed by 2790.00$, supported by the EMA50.

Holding above 2668.00$ is important to the continuation of the expected rise, as breaking it will turn the intraday track to decline to start bearish wave that targets 2612.00$ followed by 2600.00$ levels initially.

The expected trading range for today is between 2685.00$ support and 2725.00$ resistance.

Trend forecast: Bullish