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Brent price forecast update - 03-12-2025

Economies.com
2025-12-03 11:29AM UTC

Brent crude oil remained strongly higher in latest intraday trading, supported once again by dynamic strength from its movement above the 50-day SMA, alongside positive signals flowing from the RSI indicators after forming a positive divergence when they reached extremely oversold levels compared to the price action. This reinforces the positive momentum surrounding the price.

 

 

US crude price forecast update - 03-12-2025

Economies.com
2025-12-03 11:27AM UTC

Crude oil jumped sharply in its latest intraday trading, successfully shedding the negative pressure of its 50-day SMA, supported by positive signals flowing from the RSI indicators after reaching oversold territory. This move allowed price action to form a new short-term ascending path alongside a supporting trendline.

 

 

Silver price forecast update - 03-12-2025

Economies.com
2025-12-03 11:24AM UTC

Silver declined in its latest intraday trading after the important resistance level at $58.80 held, as the price attempts to acquire positive momentum that may help it break this resistance. At the same time, silver is trying to relieve part of its clear overbought saturation on the RSI indicators, especially with the arrival of negative signal inflows. This comes under the dominance of the main short-term ascending trend, with the price moving alongside both primary and secondary trendlines that support this path.

 

 

Gold price forecast update - 03-12-2025

Economies.com
2025-12-03 11:21AM UTC

Gold (GOLD) declined in its latest intraday trading as negative signals began to appear on the RSI indicators after reaching overbought levels. This comes while the price attempts to acquire positive momentum that may help it break the pivotal and stubborn resistance level of $4,225, supported by ongoing dynamic strength from trading above its 50-day SMA, which reinforces the dominance of the short-term ascending trend, especially with movement alongside an upward trendline.