Brent oil price trades negatively now to press on 81.40$ level, which supports the continuation of the expected bearish trend for today, waiting for more decline to visit 79.70$ that represents our next main target.

The EMA50 keeps supporting the suggested bearish wave, noting that breaching 82.35$ followed by 82.74$ levels will stop the bearish trend and lead the price to turn to rise.

The expected trading range for today is between 79.60$ support and 82.50$ resistance.

Trend forecast: Bearish

Crude oil price shows bearish bias now to approach 77.24$, waiting for more decline to break this level and confirm extending the bearish wave towards 75.50$, to keep the bearish trend scenario suggested for today, supported by the negative pressure formed by the EMA50, reminding you that the continuation of the bearish wave depends on the price stability below 78.66$.

The expected trading range for today is between 76.00$ support and 79.00$ resistance

Trend forecast: Bearish

Silver price tested 28.00$ barrier and attempts to consolidate below it, while the bearish trend scenario valid as long as 28.55$ remains intact, affected by the double top pattern that appears on the chart, supported by the negative pressure formed by the EMA50, reminding you that our targets begin by breaking 27.62$ to open the way to head towards 27.00$ followed by 26.12$.

The expected trading range for today is between 27.40$ support and 28.20$ resistance.

Trend forecast: Bearish

Gold price still stuck between the trend keys represented by 2366.40$ support and 2394.00$ resistance, to keep our neutrality valid until now, waiting to surpass one of these levels to keep our neutrality valid until now, waiting to surpass one of these levels to detect the next destination clearly.

To review the details of the expected targets after the breach, please check our previous report for gold price.

The expected trading range for today is between 2375.00$ support and 2415.00$ resistance.

Trend forecast: Neutral