Copper price succeeded in taking advantage of the positive pressure to resume its bullish attempts, to settle near the initial main target at $5.3200.

Stochastic approach from 80 level and the continuation of forming extra support at $4.9700, these factors supports the continuation of the bullish trading, to expect surpassing the current obstacle and recording the next target by its rally towards $4.5000, to face %161.8 Fibonacci extension level.

The expected trading range for today is between $5.1800 and $5.5000

Trend forecast: Bullish

The (ETHUSD) price kept rising in its last intraday trading, preparing to reach the current resistance at $3,250, which represents potential target in our previous analysis, supported by its continuous trading above its EMA50, reinforcing the strength and dominance of the bullish corrective trend on the short-term basis, besides the emergence of the positive signals on the relative strength indicators, after offloading its overbought conditions, opening the way for more gains on the near-term basis.

The (Brent) price rose in its last intraday trading, due to its leaning on the support of EMA50, gaining bullish momentum that helped it to achieve these gains, amid the dominance of minor bullish wave on the short-term basis, with its trading within channel range, on the other hand, we notice the emergence of negative signals on the relative strength indicators, which may hinder the potential for strong gains in the upcoming period.

Silver price settles higher in its last intraday trading, amid the attempts to breach the stubborn key resistance at $58.80, supported by its trading above EMA50, which represents dynamic support that reinforces the dominance and stability of the main bullish trend, especially with its trading alongside main and minor trend line for this track, besides the emergence of positive overlapping signals on the relative strength indicators, after offloading its overbought conditions, opening the way for recording new all-time highs on the near-term basis.