Brent oil price trades are confined within tight range, settling around 66.00$ barrier, and the price continues to move inside the bullish channel that appears on the chart, while the price gets continuous positive support by the EMA50.

Therefore, the factors encourage us to continue suggesting the bullish trend for the upcoming period, which conditions holding above 63.95 and 63.10 levels, while our main targets located at 68.00 followed by 72.65.

The expected trading range for today is between 65.00 support and 68.00 resistance.

The expected trend for today: Bullish

Crude oil price fluctuates within tight track since yesterday, settling above 56.00 barrier, thus, no change to the bullish trend scenario affected by the previously completed inverted head and shoulders’ pattern, reminding you that our targets begin at 57.46 and extend to 65.00 after breaching the previous level, while the expected rise will remain valid unless breaking 54.50 level and holding below it.

The expected trading range for today is between 55.00 support and 58.00 resistance.

The expected trend for today: Bullish

Silver price settles around the bullish trend line that appears on the chart, noticing that stochastic gains the positive momentum clearly and approaches the oversold areas, waiting to motivate the price to resume the expected correctional bullish wave for the upcoming period, which targets 16.00 level mainly.

Therefore, we suggest the continuation of the bullish trend domination for today conditioned by the price stability above 15.62.

The expected trading range for today is between 15.60 support and 16.00 resistance.

The expected trend for today: Bullish

Gold price shows sideways and tight trading, settling around 1325.00, as the price is affected by stochastic negativity, waiting to get rid of the negative momentum and gain enough positive momentum to push the price to resume the expected bullish wave for the upcoming period, organized inside the bullish channel that appears on the chart.

The EMA50 keeps supporting the price from below, to continue suggesting the bullish trend for today conditioned by the price stability above 1314.00 and 1307.00 levels, reminding you that we are waiting to target 1347.50 followed by 1365.05 levels as next main stations.

The expected trading range for today is between 1310.00 support and 1347.00 resistance.

The expected trend for today: Bullish