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Midday update for Brent oil 12-09-2023
Brent oil price is testing 91.50 now and attempts to breach it, which urges caution from the upcoming trading, as breaching this level represents positive factor that will push the price to achieve additional rises that reach 93.00 on the near-term basis.
On the other hand, consolidating below it is required to resume the correctional bearish trend that its first main target located at 89.25.
The expected trading range for today is between 89.50 support and 92.30 resistance.
The expected trend for today: Bearish
Midday update for Crude oil 12-09-2023
Crude oil price shows more bullish bias to test 88.18 level now, which urges caution from the upcoming trading, as the price needs to consolidates below this level to keep the bearish trend scenario active, which its first main target located at 85.75.
MoreMidday update for Silver 12-09-2023
Silver price continues to fluctuate near 23.00 level, and as long as the price is above this level, our bullish overview will remain valid, waiting to get positive motive that assist to push the price to resume the positive trading that its targets start by surpassing 23.20 to open the way to head towards 23.70.
MoreMidday update for Gold 12-09-2023
Gold price fluctuates around the intraday bullish trend line at 1919.80, which represents the first protection factor to the continuation of the expected bullish trend for today, which its targets begin by surpassing 1929.00 to confirm rallying towards 1945.20 as a next main station.
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