Copper price failed to settle for long time above $5.9700 barrier, affected by stochastic exit from the overbought level, to reach $5.8800 again, which increases the chances of activating temporary negative corrective trading, facing new bearish pressures that will force it to decline towards $5.6000 reaching extra support at $5.5100.

While the price success in surpassing the barrier and holding above it will reinforce it to record new historical gains by its rally towards $6.1200 and $6.2050.

The expected trading range for today is between $5.7500 and $6.000

Trend forecast: Fluctuated within the bullish trend

 The (ETHUSD) price declined in its last intraday trading, amid the emergence of the negative signals from the relative strength indicators, after reaching overbought levels, to attempt to gain bullish momentum that might help it to recover and rise again, amid the dominance of the bullish trend on the short-term basis, with its trading alongside supportive trend line for this track, taking advantage of its trading above EMA50, reinforcing the chances of a recovery on the near-term basis.

The (Brent) price declined sharply in its last trading on the intraday basis, after reaching our last target at $66.00 resistance, to gather its previous rises attempting to offload its clear overbought conditions on the relative strength indicators, especially with the emergence of negative signals from there, to gather its bullish momentum that might help it to recover and rise again, amid the continuation of the positive pressure that comes from its trading above EMA50, with the dominance of the main bullish trend on the short-term basis.

Silver price slipped lower in its last intraday trading, after the stability of $92.35 resistance, which represents expected target in our previous analysis, to gather the gains of its previous rises, attempting to gain bullish momentum that might help it to recover and rise again, attempting to gain bullish momentum that might help it to recover and rise again, attempting to offload its overbought conditions on the relative strength indicators, amid the continuation of the dynamic support that is represented by its trading above EMA50, reinforcing the chances of the price recovery, especially with its trading alongside main bullish trend line on the short-term basis.