Brent oil price traded with clear negativity to confirm breaking 80.10$ level and reinforce the chances of continuing the decline for the upcoming sessions, waiting to visit 78.39$ that represents our next main target.

Moving below the EMA50 supports the suggested bearish wave, which will remain valid conditioned by the price stability below 80.10$ and the most important below 80.85$.

The expected trading range for today is between 78.60$ support and 81.60$ resistance.

Trend forecast: Bearish

Crude oil price resumes its negative trading to break 77.53$ and attempt to hold below it, reinforcing the expectations of continuing the domination of the correctional bearish trend for the rest of the day, paving the way to head towards 75.53$ as a next negative station, reminding you that breaching 78.25$ will stop the bearish trend and push the price to attempt to regain the main bullish trend again.

The expected trading range for today is between 76.30$ support and 79.30$ resistance

Trend forecast: Bearish

Silver price shows some bearish bias now, affected by stochastic negativity, while the EMA50 provides the positive support to the price, waiting to breach 30.63$ to confirm rallying towards 31.30$ followed by 31.63$ as next main targets, noting that the continuation of the decline and breaking 30.25$ will stop the bearish wave and push the price to turn to decline for the rest of the day.

The expected trading range for today is between 30.35$ support and 31.15$ resistance.

Trend forecast: Bullish

Gold price provided positive trades to test 2730.00$, waiting for more rise to visit 2742.00$ mainly, noting that the price needs to get positive motive that assist to rally towards the suggested target.

On the other hand, we remind you that breaking 2693.00$ will push the price to turn to decline and achieve bearish correction that targets 2672.00$ initially.

The expected trading range for today is between 2705.00$ support and 2745.00$ resistance.

Trend forecast: Bullish