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Midday update for Crude oil 08-06-2023
Crude oil price shows negative trades to head towards testing potential test to the key support 71.55, and the price still confined between the trend keys represented by the mentioned support and 73.00 resistance, to continue with our neutrality until we get clearer signal for the next trend through surpassing one of these levels.
To review the expected targets after the breach, please check our morning report.
The expected trading range for today is between 70.50 support and 74.00 resistance.
The expected trend for today: Neutral
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Midday update for Silver 08-06-2023
Silver price returns to attack 23.00 level, motivated by the positive overlapping signal provided by stochastic, and as we mentioned this morning, the price needs to hold below this level to keep the bearish trend scenario valid for today, which targets 23.00 as a next station.
MoreMidday update for Gold 08-06-2023
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