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Brent oil price gets a positive close – Forecast today - 12-02-2025
Brent oil price ended yesterday above 77.00$ level, confirming the continuation of the bullish trend domination in the upcoming sessions, waiting to visit 78.40$ as a next main target.
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Crude oil price hits the target – Forecast today - 12-02-2025
Crude oil price succeeded to achieve our waited target at 73.90$ and found solid resistance there, to show some bearish bias and head towards potential retest to the breached resistance of the bearish channel that appears on the chart, and the EMA50 meets the breached resistance to add more strength to the support line formed there.
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Silver price keeps its positive stability - Forecast today - 12-02-2025
Silver price ended yesterday above 31.63$ level and the negative pressure that it witnessed in the previous sessions, to keep the bullish trend scenario active for the upcoming period, organized inside the bullish channel that appears on the chart, supported by the EMA50 that carries the price from below.
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Gold price returns to test the support line – Forecast today - 12-02-2025
Gold price shows new negative trades by today’s open to test the intraday bullish channel’s support line again, and the price needs to consolidate above this level to keep the main positive scenario active, which is supported by stochastic positivity.
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