Brent oil price rallies upwards now to breach 70.40$ and attempts to hold above it, and by taking a deeper look at the chart, we find that the price completed forming double bottom pattern that we expect to push the price to recover in the upcoming sessions and achieve intraday gains.

Crude oil price trades with clear positivity to attack 67.05$ level and attempts to breach it, to hint heading to recover in the upcoming sessions and build intraday bullish wave that targets the bearish channel’s resistance line that appears on the chart.

Silver price didn’t show any strong move since morning, to continue fluctuating around 32.60$, thus, no change to the expected bullish trend for today, which depends on the price stability above 32.25$, reminding you that our targets begin at 32.86$ and extend to 33.35$ after breaching the previous level.

To review the full report, and to get our more detailed analysis and 100% accurate signals provided by Best Trading Signal, subscribe to Economies.com VIP Club through the link below!

Gold price is testing 2920.00$ resistance line now, which is one of the next trend keys besides 2900.00$ support line, hinting the attempt to activate the positive scenario, but we still neutral until the price confirms surpassing one of these levels followed by detecting its next targets clearly.