Brent oil price trades with clear positivity to attack 70.45$ level and attempts to hold above it, which urges caution from the upcoming trading, as confirming the breach will lead the price to start bullish correction that its targets begin at 70.70$ and extend to 72.00$ after surpassing the previous level.
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Crude oil price shows new bullish bias to test 67.05$ level, and as we mentioned this morning, the price needs to hold below this level to keep the bearish trend scenario active, as breaching it will push the price to rally towards 69.05$ before any new negative attempt.
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Silver price rallies upwards to breach 32.86$ and attempt to hold above it, reinforcing the expectations of continuing the bullish trend on the intraday and short term basis, opening the way to achieve our new targets at 33.35$ followed by 33.75$.
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Gold price continues to fluctuate near 2920.00$ level, waiting to breach this level to confirm the continuation of the bullish wave and achieve more gains in the upcoming period, noticing that stochastic attempts to gain the positive momentum to support het chances of achieving the required breach.
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