Brent oil price ended yesterday with clear positivity, to confirm the beginning of the bullish correction for the decline measured from 77.36$ to 68.68$, to head towards visiting 72.00$ that represents 38.2% Fibonacci level for the mentioned decline.

Crude oil price settled above 67.05$, moving above the EMA50 to support the expectations of continuing the rise in the upcoming sessions, as we expect to visit the bearish channel’s resistance line around 68.75$ as a next main target.

Silver price settles near the ne waited target at 33.35$, and we suggest the continuation of the bullish bias to surpass this level and achieve more gains in the upcoming sessions, reminding you that the next station reaches 33.75$.

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Gold price confirmed breaching 2920.00$ after ending yesterday above it, reinforcing the expectations of continuing the bullish trend on the intraday and short-term basis, opening the way to achieve our first positive target at 2956.90$.