Brent oil price resumes its positive trading clearly to approach yesterday’s recorded high at 72.85, waiting to surpass this level to reinforce the expectations of extending the bullish wave on the intraday and short term basis, which its next target located at 74.70, reminding you that the continuation of the bullish wave depends on the price stability above 71.95.

The expected trading range for today is between 71.00 support and 73.50 resistance.

The expected trend for today: Bullish

Crude oil price trades positively and attempts to move away from the bullish channel’s support line, to support the expectations of continuing the main bullish trend, which targets 72.20 as a next main station, reminding you that the continuation of the bullish wave requires holding above 69.90.

The expected trading range for today is between 68.70 support and 71.50 resistance.

The expected trend for today: Bullish

Silver price provides additional positive trades and attempts to surpass the minor bullish channel’s resistance that appears on the chart, waiting for more rise to visit 28.60 that represents our first main target, to continue suggesting the bullish trend for the upcoming period supported by the EMA50, unless breaking 27.55 level.

The expected trading range for today is between 27.70 support and 28.80 resistance.

The expected trend for today: Bullish

Gold price shows negative trades now to move below the breached minor resistance, and it might head for potential test to the major support 1876.00 before turning back to rise again, affected by stochastic negativity.

In general, we will continue to suggest the bullish trend as long as the bullish channel’s support at 1876.00 remains intact, noting that we are waiting to visit 1928.60 as a next main target.

The expected trading range for today is between 1885.00 support and 1920.00 resistance.

The expected trend for today: Bullish