Brent oil price shows positive trades to test the key resistance 78.39$, and the price needs to hold below this level to keep the bearish trend scenario active for the upcoming period, as breaching it represents the key to start bullish wave that targets 80.10$ areas mainly.

Note that the next main target of the suggested bearish wave is located at 77.05$.

The expected trading range for today is between 76.50$ support and 79.50$ resistance.

Trend forecast: Bearish

Crude oil price hovers around 75.53$ level and still below it until now, to keep the bearish trend scenario valid and active for today, reminding you that our main waited target reaches 73.90$, while breaching 75.53$ represents the key to start intraday bullish wave and achieve gains that might reach 76.90$ followed by 77.53$ before determining the next destination clearly.

The expected trading range for today is between 73.70$ support and 76.70$ resistance

Trend forecast: Bearish

Silver price settles above 30.63$ level, to keep the bullish trend scenario active for today, which depends on the price stability above the mentioned level, waiting to gather positive momentum that assist to push the price to achieve our main expected target at 31.63$.

The expected trading range for today is between 30.40$ support and 31.30$ resistance.

Trend forecast: Bullish

Gold price shows sideways trades now, and it might test the key support base 2762.00$ before turning back to rise again, as it is affected by stochastic negativity that hinders the mission of continuing the rise.

Until now, the bullish trend scenario still suggested for today unless breaking the mentioned support and holding below it, reminding you that our main waited target reaches 2790.00$.

The expected trading range for today is between 2755.00$ support and 2795.00$ resistance.

Trend forecast: Bullish