Brent oil price breached 83.87 level clearly and ended last Friday above it, to activate the positive scenario on the intraday and short-term basis, and we suggest surpassing 85.00 barrier to open the way to achieve additional gains that reach 86.74.

Therefore, the bullish bias will be expected for the upcoming period, supported by the EMA50, taking into consideration that breaking 83.87 will stop the positive scenario and put the price within the sideways track again.

The expected trading range for today is between 83.00 support and 86.00 resistance.

The expected trend for today: Bullish

Crude oil price settles around 80.00$ barrier and keeps its stability above it, to support he chances of continuing the expected bullish trend on the intraday and short-term basis, organized inside the bullish channel that appears on the chart, noting that our next targets begin at 81.55 and extend to 82.70.

Therefore, we are waiting for more expected rise in the upcoming sessions, noting that breaking the minor support 79.70 might force the price to achieve temporary decline to test key support areas that start at 78.70 and might reach 78.25 before any new attempt to rise.

The expected trading range for today is between 78.80 support and 81.80 resistance

The expected trend for today: Bullish

Silver price rallied upwards strongly to breach 23.00 and settle above it, reinforcing the expectations of continuing the domination of the bullish trend on the intraday basis, opening the way to achieve new gains that reach 23.70.

Therefore, we will continue to suggest the bullish trend in the upcoming sessions, it might be preceded by some temporary sideways fluctuation affected by stochastic negativity, waiting to gather positive momentum that assist to achieve the new target, noting that breaking 23.00 will stop the positive scenario and force the price to turn to decline on the intraday basis.

The expected trading range for today is between 22.80 support and 23.50 resistance.

The expected trend for today: Bullish

Gold price ended last Friday with strong positivity, and approached our second waited target at 2095.00, and we suggest the continuation of the positive trades affected by the previously completed inverted head and shoulders’ pattern, to achieve additional gains that reach the historical high recorded at 2144.60.

Therefore, the bullish trend will remain valid and active in the upcoming sessions, supported by the EMA50 that carries the price from below, noting that breaking 2065.70 will stop the bullish rally and push the price to achieve some bearish correction.

The expected trading range for today is between 2070.00 support and 2100.00 resistance.

The expected trend for today: Bullish