Gold price attacks current resistance – Forecast today – 31-03-2025 – Economies.com

Gold price failed to maintain early gains and bounced lower, settling on a mild decline, after the current resistance of $3090 held its ground, with the price gathering positive momentum that could help it breach that resistance, while also venting off overbought saturation in the Stochastic, with negative signals emerging from it.

It comes amid the dominance of the main upward trend as the price trades alongside the secondary short-term trend line, with positive support due to trading above the 50-candle SMA.

Silver price seeks a bottom to boost it – Forecast today – 31-03-2025

Silver price fell in latest intraday trading while seeking a bottom to help it gather momentum and rebound, thus leaning on the important support of $34.00.

It comes amid the dominance of the main upward trend as the price trades alongside the short-term trend line, with positive pressure due to trading above the 50-candle SMA, while a positive divergence forms in the Stochastic after reaching oversold levels compared to the price’s movements, sending out positive signals.

US crude oil price leans on important support – Forecast today – 31-03-2025

US crude oil price engaged in sideways trading in the intraday levels, while seeking a bottom to help it gather momentum and bounce higher, as it leaned on the current support of $68.90, while also leaning on the support of the 50-candle SMA, lending the price some momentum that helped it rebound.

It comes amid the dominance of the upward correctional trend in the short term, as the Stochastic reached oversold levels.

Brent crude price tries to pierce pivotal resistance – Forecast today – 31-03-2025

Brent crude oil price advanced in latest intraday trading while trying to pierce the stubborn and pivotal resistance of $73.60, boosted by trading above the 50-candle SMA, amid the dominance of the upward correctional trend in the short term as the price trades alongside the trend line, while the Stochastic reached oversold levels compared to the price’s movements, hinting at positive divergence, which doubles positive momentum for the price.