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Crude oil price forecast update 21-11-2024

Economies.com
2024-11-21 09:14AM UTC

Crude oil price trades positively now to move away from 68.64$ level and reinforce the expectations of continuing the bullish trend in the upcoming sessions, and the way is open to achieve our first waited target at 70.58$, which breaching it represents the key to rally towards 72.15$ as a next positive station.

 

Therefore, we will continue to suggest the bullish trend for today unless breaking 68.64$ and holding below it.

 

The expected trading range for today is between 68.00$ support and 71.00$ resistance

 

Trend forecast: Bullish

Silver price forecast update 21-11-2024

Economies.com
2024-11-21 09:14AM UTC

Silver price shows positive trades in attempt to resume the expected bullish trend for today, to keep the positive scenario valid in the upcoming sessions, motivated by stochastic current positivity, reminding you that our targets start at 31.63$ and extend to 32.25$ after breaching the previous level, while achieving it requires holding above 30.63$.

 

The expected trading range for today is between 30.70$ support and 31.63$ resistance.

 

Trend forecast: Bullish

Gold price forecast update 21-11-2024

Economies.com
2024-11-21 09:14AM UTC

Gold price resumes its positive trading to surpass 2655.00$ level and confirm the continuation of the bullish trend domination for the rest of the day, opening the way to head towards our next target that reaches 2710.00$, noting that stochastic negativity might hinder the mission to rise and slow down the bullish wave.

 

In general, we will continue to suggest the bullish trend for today unless breaking 2620.00$ and holding below it.

 

The expected trading range for today is between 2640.00$ support and 2675.00$ resistance.

 

Trend forecast: Bullish

 

The GBPUSD forecast update 21-11-2024

Economies.com
2024-11-21 09:14AM UTC

The GBPUSD price shows slight bearish bias in attempt to resume the expected bearish trend on the intraday basis, to keep the negative scenario valid on the intraday basis, reminding you that our main waited target is located at 1.2566$, while achieving it requires holding below 1.2735$.

 

The expected trading range for today is between 1.2570$ support and 1.2710$ resistance

 

Trend forecast: Bearish

Frequently asked questions

What is the price of Oil today?

The price of Oil is $67.795 (2025-07-18 05:35AM UTC)