Brent oil price succeeded to achieve our first waited target at 75.10 and rallies upwards to surpass this level and settles above it, which supports the continuation of the bullish overview on the intraday and short term basis, paving the way to achieve more gains to reach 79.50 areas on the near term basis, reminding you that it is important to hold above 72.65 to continue the suggested bullish wave.

The expected trading range for today is between 73.50 support and 76.50 resistance.

The expected trend for today: Bullish

Crude oil price trades positively now to move above 66.00 barrier, which supports the continuation of our bullish overview in the upcoming sessions, and the way is open to achieve our first target at 67.00, reminding you that breaching this level will extend the bullish wave to reach 70.55, while holding above 64.90 represents major condition to continue the expected rise.

The expected trading range for today is between 64.90 support and 67.50 resistance.

The expected trend for today: Bullish

Silver price settles near the bearish channel’s resistance, and the negative signals still valid by stochastic and the EMA50, to keep the bearish trend scenario active for today, which targets 14.73 level initially, while achieving it conditions holding below 15.00 and the most important below 15.22.

The expected trading range for today is between 14.70 support and 15.05 resistance.

The expected trend for today: Bearish

Gold price provides new positive attempts to approach testing 1282.00 again, while stochastic keeps providing the negative signals on the four hours’ time frame, waiting to resume the bearish bias in the upcoming sessions, supported by the EMA50, reminding you that our next target is located at 1253.20, while holding below 1282.00 represents key condition to continue the suggested decline.

The expected trading range for today is between 1253.20 support and 1290.00 resistance.

The expected trend for today: Bearish