Copper price activated with the main indicators again, surpassing the barrier at $5.5000, announcing its readiness to achieve extra gains on a near-term basis, therefore, we will keep our bullish expectations, reminding you that the extra target near $5.6300 and $5.7400 level.

Note that the price stability below the current barrier might force it to form mixed trading, and there is a chance of testing the support at $5.1500.

The expected trading range for today is between $5.3900 and $5.6300

Trend forecast: Bullish

The (ETHUSD) price declined in its last trading on the intraday basis, amid its trading below its EMA50, under the dominance of a minor bearish wave on the short-term basis, with its trading alongside supportive trend line for this track, the last decline came after offloading its clear oversold conditions on the relative strength indicators, intensifying the negative pressure in the upcoming period.

The (Brent) price declined in its last intraday trading, in attempt to gain bullish momentum that might help it to resume its gains on the near-term basis, amid the dominance of the bullish corrective trend on the short-term basis and its trading above EMA50, besides the emergence of the positive signals on the relative strength indicators, after offloading its overbought conditions.

Silver price extended its gains in its last intraday trading, to keep recording new all-time highs, amid the dominance of the main bullish trend on the short-term basis, with its trading alongside supportive minor trend line, with the continuation of the positive pressure due to its trading above EMA50, besides the emergence of the positive signals from the relative strength indicators, after offloading its overbought conditions, opening the way for recording new highs on the near-term basis.