Crude oil price rallied upwards strongly to succeed touching our waited positive target at 57.33, and it finds strong resistance there that might force the price to provide some temporary negative trades before resuming the positive attempts again, noting that breaching the mentioned level will push the price towards 60.86 as a next main station, while failing to breach will press on the price to visit 54.47 mainly.

Gold price faced strong negative pressure to start bearish correction for the last rise, and it leaned on 38.2% Fibonacci correction level that formed solid support at 1483.60 to push the price to rise again, which keeps the chances valid to continue the overall bullish trend, which its next target located at 1560.00, while holding above 1483.60 represents key condition to continue the expected rise.

No change for Copper price that remains stable below 2.6200 resistance, to decrease the chances of the return to the bullish channel, while the contradiction of the major indicators forms the main reason to postpone the negative attack, to keep waiting to gather new negative momentum followed by waiting to reach 2.550 and 2.4660 levels.

The expected trading range for today is between 2.6200 and 2.5500

The expected trend for today: Bearish

Platinum price still affected by the sideways range due to the lack of the negative momentum, to repeat the fluctuation around the main resistance 870.00, while the bearish scenario will remain valid unless breaking this barrier to target 840.00 followed by 790.00 in the near term and medium term period.

We remind you that attempting to rally above the current resistance will cancel the negative overview by settling within new bullish track and increase the chances of rallying towards 915.00 and 1000.00 levels in the upcoming period.

The expected trading range for today is between 870.00 and 840.00

The expected trend for today: Bearish