Silver and Brent Oil are on the Rise
Silver broke the level of 24.35 and rebounded. Currently, the asset’s price is rebounding from the broken level again. Silver has also tested the median line of the uptrend and formed the bullish engulfing. The asset is likely to jump and face resistance at the level of 26.25.
Brent oil is gradually approaching the resistance area formed between levels 87 and 88 USD/BBL. The price of oil is likely to rebound from this area soon. So, let’s observe whether it might happen.
Bitcoin broke the lower boundary of the narrow range. Now, it is forming the bearish flag. It means that the asset’s price will drop and regain the required support at the level of 25200.
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