Crude oil price trades with clear positivity to test the key resistance 81.84$, which represents the first protection factor to the continuation of the expected correctional bearish scenario for the upcoming period, as the price needs to hold below this level and below 82.60$ to keep the bearish trend active, affected by the previously completed double top pattern, reminding you that our next main target is located at 80.08$.

The expected trading range for today is between 79.60$ support and 82.50$ resistance

Trend forecast: Bearish

Silver price is testing 31.00$ level, and as we mentioned this morning, breaching this level will motivate the price to rally upwards and head towards our waited positive targets at 31.50$ followed by 32.00$.

The technical indicators provide positive signals that support the continuation of the suggested bullish wave, which will remain valid unless breaking 30.55$ and holding below it.

The expected trading range for today is between 30.60$ support and 31.50$ resistance.

Trend forecast: Bullish

Gold price shows more bullish bias now, reinforcing the expectations of continuing the bullish trend for the upcoming sessions, paving the way to visit 2400.00$ that represents our next target, noting that breaching it will push the price towards the historical high at 2450.00$.

Therefore, the bullish trend will remain valid and active unless breaking 2340.10$ and holding with a daily close below it.

The expected trading range for today is between 2350.00$ support and 2390.00$ resistance.

Trend forecast: Bullish

The GBPUSD price shows positive trades now to attempt to breach the bullish flag pattern’s resistance line that appears on the chart, waiting to motivate the price to continue the rise and achieve our main expected target at 1.2890$.

Therefore, we will continue to suggest the bullish trend for today unless breaking 1.2780$ and holding below it.

The expected trading range for today is between 1.2730$ support and 1.2880$ resistance.

Trend forecast: Bullish