Brent oil price shows shows positive trading now to approach testing the key resistance 57.36, and as we mentioned in our morning report, the stability of the daily close below this level keeps our bearish overview valid for today, supported by the negative signal provided by stochastic, waiting to head towards 52.00 as a next main station, taking into consideration that breaching 57.36 will push the price to achieve more bullish correction that its next target located at 59.91.

The expected trading range for today is between 54.20 support and 57.36 resistance.

The expected trend for today: Bearish

Crude oil price trades positively to breach 51.80, which urges caution from the upcoming trading, as confirming breaching this level by getting a daily close above it will stop the recently suggested negative scenario and leads the price to achieve intraday gains that it target 54.60 as a first station, while the price needs to trade below 51.80 again to resume the decline that its next main target located at 48.30.

The expected trading range for today is between 49.50 support and 53.00 resistance.

The expected trend for today: Bearish

Silver price did not show any strong move since morning, to continue fluctuating near 17.60, and as long as the price is above thisl level, our bullish overview will remain valid, supported by stochastic approach to the overbought areas, reminding you that our next main target is located at 18.38.

The expected trading range for today is between 17.50 support and 17.85 resistance.

The expected trend for today: Bullish

Gold price attempts to breach 1575.90 level, reinforcing the expetations of continuing the bullish trend for the rest of the day, on its way to head towards 1611.20 that represents our next positive target, noting that failing to achieve the required breach might pus the price to test 1554.10 level again before any new positive attempt.

The expected trading range for today is between 1560.00 support and 1595.00 resistance.

The expected trend for today: Bullish