Brent oil price shows more bullish bias to settle above 75.00$ barrier, which supports the expectations of continuing the bullish trend on the intraday and short term basis, depending on the price stability above 74.70 and 74.05 levels, noting that the EMA50 carries the price from below, to support the positive overview, which targets 77.80 as a next main station.

The expected trading range for today is between 74.00 support and 77.00 resistance.

The expected trend for today: Bullish

Crude oil price provided additional positive trades to reinforce the continuation of the expected bullish trend scenario for today, and we believe that the way is open to head towards 73.30 that represents our next main target, supported by moving above the EMA50, taking into consideration that breaking 70.75 will stop the expected rise and press on the price to turn to decline.

The expected trading range for today is between 70.00 support and 73.00 resistance.

The expected trend for today: Bullish

Silver price begins to provide negative trades in attempt to move away from 22.90 level, which supports the continuation of the bearish trend scenario that depends on the price stability below the mentioned level, suppored by the negative pressure formed by the EMA50, reminding you that our waited targets begin at 21.65 and extend to 20.75.

The expected trading range for today is between 22.20 support and 23.00 resistance.

The expected trend for today: Bearish

Gold price tests the key resistance 1780.00 now, and as we mentioned this morning, this resistance represents one of the next trend keys besides 1770.00 support, as the price needs to surpass one of them to detect its next destination clearly, which keeps our neutrality valid until now.

To review the expected targets after the breach, please check our morning report.

The expected trading range for today is between 1760.00 support and 1797.00 resistance.

The expected trend for today: Neutral