The spot gold price is being constrained by the neckline of the head-and-shoulders pattern, and the bearish trend continues.

The latest view of the analyst from Economies.com: The spot gold has once again tested the neckline of the head-and-shoulders pattern, but so far it is still difficult to break through. This shows some bullish tendencies caused by the positive effect of the stochastic indicator. Waiting for negative pressure to help push the price below the 2318.00 level, looking at 2272.06 and then 2217.10, which represent our main goals next. Therefore, we will continue to suggest maintaining a bearish trend in the next period, which is supported by the negative pressure formed by EMA50. It is reminded that breaking through 2340.10 and then 2360.00 will stop the expected decline and lead to the price attempting to restore the main bullish trend again. The trading range is expected to be between the support level at 2315.00 and the resistance level at 2350.00.

The spot silver price has fallen below the key level and continues the bearish trend.

The latest view of the analyst from Economies.com: The spot silver price has fallen significantly below the 30.06 level and dropped to the target near 29.30 that we expected, showing some slight bullish tendencies due to the current positive influence of the stochastic indicator. This will cause a retest of the resistance line formed at 30.06, waiting for the bearish trend to be restored to achieve further downward targets, reaching 28.55. Therefore, we will continue to suggest maintaining a bearish trend in the next period. It is also pointed out that breaking through 30.06 will stop the expected decline and lead to the price trying to return to the bullish trend again. The trading range is expected to be between the support level at 29.00 and the resistance level at 30.10.

The WTI crude oil price is in a bearish trend, and breaking through the key support level may further decline.

The latest view of the analyst from Economies.com: The recent trading of WTI crude oil price has been limited within a bearish flag pattern appearing in the small chart. Therefore, the price needs to fall below 73.15 to activate the negative effect of this pattern, and then continue the downward trend, with the next target at 71.35. Therefore, we will continue to suggest maintaining a bearish trend in the next period, which is supported by the negative pressure formed by EMA50. It is pointed out that breaking through 73.90 will stop the expected decline and push the price to test the key resistance line at 75.25, and then try to decline again. The trading range is expected to be between the support level at 71.60 and the resistance level at 74.60.

The Brent crude oil price is stable around this level...

The latest view of the analyst from Economies.com: The Brent crude oil price is stable around 77.18, and the stochastic indicator has begun to lose upward momentum, indicating that the main bearish trend may resume within the bearish channel on the chart. Our next target is at 76.00. It is important to keep the price below 78.05 to maintain the continuity of the bearish trend. Breaking this level will cause the price to start trying to rebound, achieve a daily increase before any new bearish attempt and reach the target area of 80.08. The trading range is expected to be between the support level at 76.00 and the resistance level at 79.00.

CBOT corn price failed to break through this resistance level and can continue to be bearish...

The latest view of the analyst from Economies.com: The CBOT corn price has tested the key resistance level of 449.20 and remained stable below it to keep the bearish trend active, which is affected by the completed double top pattern earlier, waiting to reach the next major target of 433.50. EMA50 supports the expected bearish trend, and it is important for the price to maintain below 449.20 to achieve the expected target. The trading range is expected to be between the support level of 437.00 and the resistance level of 449.00.

CBOT soybean price continues to decline, and the next target can be seen at...

The latest view of the analyst from Economies.com: The CBOT soybean price continues to decline, approaching 1150.00. It is noted that today's price has begun to show a bullish trend, affected by the positive influence of the stochastic indicator, waiting for negative pressure to help push the price to restore the expected bearish trend, with the target extending to 1131.40. Therefore, our bearish view will remain effective and active unless the price rebounds and breaks through 1193.10, then 1202.00, and remains above these levels. The trading range is expected to be between the support level at 1150.00 and the resistance level at 1185.00.