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Brent oil price suffers strong losses – Forecast today - 04-03-2025

Economies.com
2025-03-04 03:49AM UTC

Brent oil price traded with strong negativity yesterday to surpass our first target at 72.70$ and reach the thresholds of the second waited target at 71.25$, and we believe that the way is open to continue the decline on the intraday and short-term basis, as we suggest breaking the last level to open the way to continue the bearish trend in the upcoming period.

 

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Crude oil price surpasses the first negative target – Forecast today - 04-03-2025

Economies.com
2025-03-04 03:49AM UTC

Crude oil price declined strongly yesterday to surpass our first suggested negative target at 68.55$ and reach 68.00$ barrier, reinforcing the expectations of continuing the bearish trend within the bearish channel that appears on the chart, reminding you that our next target is located at 67.05$.

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Silver price begins negatively - Forecast today - 04-03-2025

Economies.com
2025-03-04 03:49AM UTC

Silver price attempted to breach 31.63$ level, but we notice that the EMA50 formed good resistance that prevented the price from continuing the rise, to start today negatively and settle below the mentioned level again, accompanied by witnessing clear negative signals through stochastic.

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Gold price confirms the breach – Forecast today - 04-03-2025

Economies.com
2025-03-04 03:49AM UTC

Gold price confirmed breaching 2868.80$ level after closing the daily candlestick above it, to activate the positive scenario on the intraday basis and head towards achieving expected gains in the upcoming sessions, targeting testing 2900.00$ initially.

 

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