Forecast update for Brent -14-09-2026

Crude oil price keeps its early gains in its latest intraday trading, supported by the emergence of the positive signals from the relative strength indicators after reaching oversold levels with the continuation of the positive pressure that comes from its trading above EMA50, which provides a dynamic support base that reinforces the dominance and stability of the main bullish trend on the short-term basis, especially with its trading alongside main and minor trend lines that support this trend.

Silver price settles with sharp gains in its latest intraday trading, reaching our morning target at the key support of $62.60, affected by breaking a main bullish trend line on the short-term basis, affected by the negative and dynamic pressure due to its trading below EMA50, which reduces the negative pressures, especially with the emergence of the negative signals from the relative strength indicators after reaching overbought level, exaggeratedly compared to the price move.

Gold price declined in its latest intraday trading, surpassing the key support level at $4,300, which was our price target in our previous analysis, amid the emergence of the negative signals around the price, especially with the continuation of the negative pressure due to its trading below EMA50, which represents dynamic resistance that reinforces the dominance and stability of the bearish corrective trend on the short-term basis, with its trading alongside supportive trend line.