Brent oil price achieved initial breach to 69.60 and closed the last four hours’ candlestick above it, which leads the price to turn to rise for the rest of the day, on its way to test 71.20 initially.

Therefore, the bullish bias will be suggested for the upcoming sessions unless breaking 69.60 and holding below it again.

The expected trading range for today is between 69.00 support and 71.20 resistance.

The expected trend for today: Bullish for the rest of the day

Crude oil price rallied upwards to breach 67.45 level and attempts to hold above it, which urges caution from the upcoming trading, as confirming the breach will stop the recently suggested negative scenario and lead the price to start recovery attempts that target 69.25 followed by 71.05 areas initially.

Therefore, we prefer staying aside until the price confirms its situation according to 67.45 level to detect the next targets clearly.

The expected trading range for today is between 65.00 support and 69.00 resistance.

The expected trend for today: Neutral

Silver price trades with clear positivity to breach 24.95 level and heads towards achieving potential gains on the intraday basis, which urges caution from the upcoming trading, as holding above the mentioned level will lead the price to head towards 25.65 as a first positive station, while it needs to trade below it again to resume the bearish trend that targets 23.76 as a main negative station.

The expected trading range for today is between 24.30 support and 25.30 resistance.

The expected trend for today: Bearish

Gold price shows slight negative trades now in attempt to approach 1797.00 level, to support the continuation of the bearish trend scenario that depends on the price stability below 1825.15, reminding you that breaking the first level will extend the bearish wave to reach 1770.00 as a next station.

The expected trading range for today is between 1785.00 support and 1825.00 resistance.

The expected trend for today: Bearish