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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