mousamina1

mousamina1

Crude oil price shows decline now to start moving away from the intraday bearish channel’s resistance, noticing that stochastic overlaps negatively, to motivate the price to provide more negative trading in the upcoming sessions, waiting to visit 36.10 mainly.

mousamina1

Crude oil price fluctuates within sideways track since morning, and as long as the price it above 38.10, our bullish overview will remain valid and active for the upcoming period, supported by the EMA50 that keeps carrying the price from below, noting that we are waiting to visit 41.04 followed by 43.05 levels as next main stations. The expected trading range for...

mousamina1

Gold price broke 1691.10 level strongly and ended last week below it, to fall under expected correctional negative pressure, supported by the EMA50, but we notice that the price leaned on a horizontal support base located at 1670.80, to rebound bullishly and approaches testing 1691.10 that turns into resistance now, supported by the positive signal provided by...

mousamina1

Crude oil price keeps rising to approach gradually from 40.00$ barrier, which supports the continuation of the bullish trend scenario in the upcoming period, which its next target located at 41.04, noting that holding above 37.75 represents initial condition to continue the expected rise.

mousamina1

Gold price faced strong negative pressure to break 1691.10 level and settles below it now, which hints the price head to achieve more bearish correction in the upcoming period, noting that closing the day below the mentioned level will confirm opening the way to head towards 1646.00 as a next correctional station.

mousamina1

Gold price shows new positive trades to move away from the breached resistance of the bearish channel that appears on the chart, reinforcing the expectations of continuing the bullish trend in the upcoming sessions, which targets 1764.00 initially, reminding you that it is important to hold above 1691.10 to continue the suggested rise.

mousamina1

Crude oil price trades with clear positivity now to approach the key resistance 34.60, which urges caution from the upcoming trading, as breaching this level will stop the recently suggested correctional bearish scenario and leads the price to turn to rise, on its way to achieve additional gains that reach 36.00 initially.

mousamina1

.........................

mousamina1

.................