Crude oil price begins attempts to breach 84.90 level and hold above it, reinforcing the expectations of continuing the bullish trend in the upcoming sessions, paving the way to head towards 86.20 followed by 86.90 levels that represents our next targets, taking into consideration that failing to confirm the breach will put the price under correctional bearish pressure that its targets begin by testing 82.75 areas.

Gold price traded with strong positivity to attack 1945.20 level and reach 1952.90 level, noticing that the price returns to trade below this level again, to keep the chances valid to continue the expected bearish trend for today, which targets 1929.00 initially, taking into consideration that confirming the beach will push the price to achieve intraday gains that start by testing 1960.00 areas.

Brent oil price keeps rising to succeed touching the waited target at 88.22, waiting to breach this level to open the way to extend the bullish wave towards 90.00 areas as a next main station.

Therefore, we will continue to suggest the bullish trend for today conditioned by the price stability above 86.25.

The expected trading range for today is between 86.25 support and 89.30 resistance.

The expected trend for today: Bullish

Crude oil price shows more bullish bias to reach our waited target at 84.90, expecting to breach this level to open the way to achieve additional gains that reach 86.20 followed by 86.90 levels.

In general, the bullish trend scenario will remain active for today unless breaking 82.75 and holding below it.

The expected trading range for today is between 82.70 support and 85.70 resistance.

The expected trend for today: Bullish