Crude oil price exhibits a bullish bias, surpassing the 82.00$ barrier.
EMA50 support suggests a continuation of the upward trend with initial gains targeting 83.56$.
Expectations favor further bullish bias in the short term.
Breaching 82.40$ will reinforce bullish sentiment, while failure may lead to a retest of 80.68$.
Breakdown below 80.68$ could extend the correctional bearish wave towards 78.90$.
Expected trading range for today: 81.00$ support - 83.80$ resistance.
Trend forecast: Bullish
Silver price remains constrained between key levels at 24.30$ support and 24.85$ resistance.
Neutrality persists until a breakout occurs.
Negativity in technical indicators favors a potential bearish trend.
Bearish correction towards 23.85$ and 23.40$ is possible upon breaking support.
Breaking resistance at 24.85$ could signal a return to the main bullish trend with targets at 25.50$ and 26.07$.
Expected trading range for today: 24.10$ support - 25.00$ resistance.
Trend forecast: Neutral
Gold price settles around the 2190.00$ level after a recent rise.
The price has temporarily lost its positive momentum, pausing the bullish wave.
Positive momentum is awaited to push the price to resume the rise.
First target is set at 2222.86$.
The EMA50 continues to support the price from below.
Breaking 2166.50$ will halt the rise, leading to potential bearish correction targeting 2131.70$.
Expected trading range for today: 2175.00$ support - 2210.00$ resistance.
Trend forecast: Bullish
We continue to suggest the bullish trend for the upcoming period.
Supported by stochastic that gets rid of its negative momentum clearly.
Important to hold above 1.3555$ as a first condition to the continuation of the expected rise.
The expected trading range for today is between 1.3530$ support and 1.3660$ resistance.
Trend forecast: Bullish