Brent oil price tested the key support 84.40 and keeps its stability above it until now, to keep the bullish trend scenario valid and active until now, which depends on the price stability above the mentioned level, supported by the EMA50, waiting to resume the positive trades that target 88.00 as a next main station.

The expected trading range for today is between 84.00 support and 87.00 resistance.

The expected trend for today: Bullish

Crude oil price faces negative pressure to approach the key support 82.85, which urges caution from the upcoming trading, especially that we are witnessing the formation of potential negative pattern that its confirmation line located at the mentioned support, which means that breaking this line will push the price to head towards 81.30 direct.

Until now, the positive scenario still valid unless breaking 82.85 and holding below it, noting that our initial targets are located at 85.40 – 85.85.

The expected trading range for today is between 82.50 support and 85.00 resistance.

The expected trend for today: Bullish

Silver price shows calm bearish bias to move away gradually from 24.20 level, reinforcing the expectations of continuing the bearish trend, which its main target located at 23.15, reminding you that the continuation of the bearish wave depends on the price stability below 24.20.

The expected trading range for today is between 23.50 support and 24.30 resistance.

The expected trend for today: Bearish

Gold price tests the key support 1783.00, which represents one of the next trend keys beside 1797.00 resistance, and as we mentioned this morning, the price needs to surpass one of these levels to detect its next destination clearly, which makes us continue with our neutrality until now.

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

The expected trading range for today is between 1770.00 support and 1810.00 resistance.

The expected trend for today: Neutral