Brent oil price trades positively now to approach 80.00$ barrier, reinforcing the expectations of continuing the bullish trend in the upcoming sessions, reminding you that our waited target is located at 80.65$, which breaching it represents the key to rally towards 82.15$ as a next main station.

Therefore, we will continue to suggest the bullish trend for the rest of the day unless breaking 78.80$ and holding below it.

The expected trading range for today is between 78.20$ support and 81.10$ resistance.

Trend forecast: Bullish

Crude oil price provides new positive trades to keep approaching 76.86$ level, and we believe that the chances valid to breach this level and achieve more gains that reach 78.35$, being aware that it is important to monitor the price when reaching this level, as failing to breach it will push the price to rebound bearishly and head to test 75.00$ before any new positive attempt.

The expected trading range for today is between 75.00$ support and 78.00$ resistance

Trend forecast: Bullish

Silver price shows new positive trades to attack 30.06$ level and attempts to breach it, reinforce the expectations of continuing the bullish trend in the upcoming sessions, paving the way to head towards 31.00$ as a next positive station, taking into consideration that failing to consolidate above 30.06$ will stop the bullish wave and push the price to face negative pressures that target testing 29.30$ areas before any new attempt to rise.

The expected trading range for today is between 29.35$ support and 30.10$ resistance.

Trend forecast: Bullish

Gold price resumes the bullish rally to move away from 2500.00$ barrier and reinforce the expectations of continuing the domination of the bullish trend in the upcoming sessions, and the way is open to achieve our waited target at 2540.00$, noting that breaching this level will lead the price to achieve additional gains that reach 2585.00$ as a next positive station.

The EMA50 supports the expected rise, which will remain valid conditioned by the price stability above 2492.00$ and the most important above 2483.40$.

The expected trading range for today is between 2495.00$ support and 2535.00$ resistance.

Trend forecast: Bullish