Brent oil price rose yesterday to test the key resistance line 75.66$, noticing that the EMA50 continues to press negatively on the price, while stochastic lost its positive momentum to show clear overbought signals now.

Crude oil price provided positive trades in the previous sessions to surpass the bearish channel’s resistance line that appears on the chart, showing weak trades by today’s open, waiting to get negative motive that assist to push the price to resume the expected bearish bias on the intraday and short-term basis.

Silver price fluctuates within sideways track since yesterday, noticing that the EMA50 continues to support the price from below, waiting to gather positive momentum that assist to push the price to resume the expected bullish trend for the upcoming period, which its targets begin by testing 32.86$.

Gold price shows calm bullish bias now in attempt to resume the expected bullish wave on the intraday basis, getting continuous positive support by the EMA50, waiting for more rise in the upcoming sessions.