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Forecast update for Brent crude oil -17-11-2025

Economies.com
2025-11-17 11:22AM UTC

Brent crude oil prices rose in their last intraday trading, amid the trading alongside main bearish trend line on the short-term basis, on the other hand, the price managed to surpass the resistance of its EMA50, for the second time in a row over two trading sessions, to indicate surpassing its negative pressure, creating a confused area to help it detect its next trend.

 

 

 

Forecast update for crude oil -17-11-2025

Economies.com
2025-11-17 11:19AM UTC

The price of (crude oil) settled with strong gains in its last intraday trading, supported by the emergence of the positive signals on the relative strength indicators, moving around its EMA50, amid its trading within minor bearish channel’s range on the short-term basis, reducing the chances of the price full recovery on a near-term basis.

 

 

 

Forecast update for silver -17-11-2025

Economies.com
2025-11-17 11:15AM UTC

The price of (silver) fluctuated on an intraday basis, leaning on minor bullish trendline on a short-term basis, in attempt to gain bullish momentum that might help it to recover and rise again, accompanied by the emergence of the positive signals on the relative strength indicators, after reaching oversold levels.

 

 

 

Forecast update for Gold -17-11-2025.

Economies.com
2025-11-17 11:13AM UTC

 

The price of (Gold) witnessed fluctuated trading on its last intraday levels, affected by breaking minor bullish trend line on the short-term basis, with the emergence of the negative signals on the relative strength indicators, after offloading its oversold conditions, which makes the price surpass the support of its EMA50, intensifying the negative pressure in the upcoming period.