Brent oil price managed to touch our waited target at 77.00$ and bounced downwards clearly from there, to head towards potential test to the key support 75.66$, making the bearish bias suggested for the upcoming sessions, noting that breaking the mentioned support will push the price to suffer additional losses that reach 74.00$.

Crude oil price provided clear positive trades yesterday, as it approached 73.00$ barrier, but it bounced bearishly to settle below 72.30$ again, to hint losing the positive momentum and head to build bearish wave on the intraday basis.

Silver price couldn’t manage to hold for long time above 32.86$, to rebound bearishly and provide negative trades in the previous sessions, noticing that stochastic got rid of its negative momentum to start overlapping positively now, waiting to motivate the price to rise again.

Gold price faced temporary negative pressure yesterday to approach the minor bullish channel’s support line that appears on the chart, noticing that the price begins today with bullish bias to head towards resuming the expected bullish trend on the intraday and short-term basis, and we suggest recording new historical highs in the upcoming sessions.

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