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GOLD

Gold spent 7 days consolidating since the fall of prices, before starting to work higher last week.

Gold price shows slight positive attempts trading above 1265 level, which supports the continuation of our bullish overview efficiently in the upcoming sessions, waiting to visit 1295 level initially. 

SILVER

Silver price returns to test the key resistance 17.80, where breaching it represents the key to rally towards first positive target at 18.30. 

Therefore, bullish trend overview will remain valid as it is for today conditioned by the price stability above 17.43 level.

CRUDE

Crude oil price resumes its positive attempts, paving the way to head towards main target at 51.60 level. Therefore, bullish trend can be seen in the upcoming sessions unless breaking 49.34 level and holding with a daily close below it.

COPPER

Prices rebounded from lower trend line of symmetrical triangle formation which suggests that prices can touch upper trend line which comes to 2.20 level. But to continue its bullish bias, prices have to close on daily basis above 2.13 level.

Today, prices started with positive momentum confirming the formation of symmetrical triangle in daily chart.

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