Brent oil price trades positively now to move away from 110.05, reinforcing the expectations of continuing the bullish trend for the rest of the day, supported by stochastic reach to the oversold areas, waiting for more rise that gets continuous support by the EMA50, targeting 115.10 level as a next station, reminding you that it is important to hold above 110.05 to continue the expected bullish trend.
The expected trading range for today is between 109.00 support and 114.00 resistance.
The expected trend for today: Bullish
Crude oil price shows positive trades now after pressing on 109.14, supported by stochastic and the EMA50 positivity, to keep the bullish trend scenario valid and active in the upcoming sessions, waiting to visit 113.70 that represents our next main target, reminding you that the continuation of the bullish wave depends on the price stability above 109.14.
The expected trading range for today is between 107.50 support and 113.00 resistance.
The expected trend for today: Bullish
Silver price resumes its positive trading now, motivated by stochastic positivity, waiting for more rise affected by the inverted head and shoulders’ pattern that appears on the chart, reminding you that our expected target reaches 22.67, while achieving it requires holding above 21.70.
The expected trading range for today is between 21.50 support and 22.30 resistance.
The expected trend for today: Bullish
Gold price shows positive trades to move away from 1850.00, reinforcing the expectations of continuing the bullish trend in the upcoming sessions, organized inside the bullish channel that supports the chances of heading towards our next target at 1890.00, noting that the continuation of the bullish wave requires holding above 1850.00 and 1838.10 levels.
The expected trading range for today is between 1840.00 support and 1875.00 resistance.
The expected trend for today: Bullish