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Brent oil price forecast update 05-03-2025

Economies.com
2025-03-05 09:14AM UTC

Brent oil price fluctuates within sideways and tight track since morning, noticing that stochastic loses its positive momentum clearly and begins to overlap negatively now.

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Crude oil price forecast update 05-03-2025

Economies.com
2025-03-05 09:14AM UTC

Crude oil price shows calm bearish bias and attempts to approach 67.05$ barrier, and as we mentioned this morning, the price needs to break this level to confirm the continuation of the bearish wave in the upcoming sessions, which targets 65.50$ as a next negative station.

 

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Silver price forecast update 05-03-2025

Economies.com
2025-03-05 09:14AM UTC

Silver price rallies upwards clearly to succeed touching our first waited target at 32.35$, affected by the inverted head and shoulders’ mentioned this morning, waiting for more rise to visit 32.86$ that represents our second main target.

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Gold price forecast update 05-03-2025

Economies.com
2025-03-05 09:14AM UTC

Gold price shows new positive trades, and by taking a deeper look at the chart, we find that the price stops now at the neckline of the inverted head and shoulders’ pattern that appears on the chart, which means that surpassing the current areas will push the price to rise strongly and achieve our next positive target at 2956.90$ direct.

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