Brent futures price is showing inclination to the upward trend, in an attempt to resume its advance today, with the next positive target awaiting at 87.65.

The 50 SMA continues to support the suggested upward wave, as the price continues to gather enough momentum to achieve the targets, however, a breach of 83.50 will stymie the advance and and pressure prices lower.

Expected trading range for today is between the 84.20 support and the 87.20 resistance.

Expected trend for today: Bullish

Oil price continues to trade sideways since the morning, while wavering near 82.00, with a breach opening the way for approaching 83.50 as the next positive target.

Thus, the upward trend remains likely as prices move within the ascending channel as shown in the attached chart, however it's crucial for prices to hold above 81.05 to achieve the targets.

Expected trading range for today is between the 80.60 support and the 83.60 resistance.

Expected trend for today: Bullish

Silver price resumed the negative trading and approached the target of 23.00, with negative stimulus from the Stochastic indicator, which is sending negative signals across the four-hour time frames, and we note that breaching the target would extend the downward trend towards 22.25.

From there, the downward trend scenario will remain viable, as long as the price holds below 23.70.

Expected trading range for today is between the 23.10 support and the 23.90 resistance.

Expected trend for today: Bearish

Gold price showed an inclination to the downward trend, thus approaching 1929.00 and awaiting a breach of this level to aim for the main target a 1913.15.

The negative impact of the Double Top pattern is still effective, with technical indicators still sending out negative signals that support the decline, while will extend unless prices pierce 1945.20 and settle above it.

Expected trading range for today is between the 1915.00 support and the 1945.00 resistance.

Expected trend for today: Bearish