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Forecast update for Brent crude oil -12-11-2025

Economies.com
2025-11-12 10:46AM UTC

 

Brent crude oil prices declined in their last intraday trading, due to the stability of the key resistance at %65.00, to gain bullish momentum that might help it to breach this resistance, and attempt to offload its overbought conditions on the relative strength indicators, amid the continuation of the positive pressure that comes from its trading above EMA50, affected by positive technical formation that has formed on the short-term basis (the falling wedge pattern).

Forecast update for crude oil -12-11-2025

Economies.com
2025-11-12 10:44AM UTC

The price of (crude oil) declined in its last intraday trading, attempting to gain bullish momentum that may help it to recover and rise again, and attempts to offload some of its overbought conditions on the relative strength indicators, approaching from leaning on the support of its EMA50, amid the dominance of the main bullish corrective trend on the short-term basis and its trading alongside supportive trendline for this track.

Forecast update for silver -12-11-2025

Economies.com
2025-11-12 10:41AM UTC

The price of (silver) extended its gains in its last intraday trading, to breach the current resistance level at $51.25, taking advantage of the positive support that comes from its trading above EMA50, amid its trading alongside minor bullish trend line on the short-term basis, besides the emergence of the positive signals on the relative strength indicators, despite reaching overbought levels.

Forecast update for Gold -12-11-2025.

Economies.com
2025-11-12 10:38AM UTC

The price of (Gold) witnessed fluctuated trading on its last intraday levels, to gain bullish momentum that may help it to recover and rise again, amid its trading alongside minor bullish trend line on the short-term basis, with the continuation of the dynamic support that is represented by its trading above EMA50, besides the emergence of positive overlapping signals on the relative strength indicators, after reaching exaggerated oversold levels compared to the price move.