Bitcoin has tested the flag and jumped above the level of 17000. The price of Bitcoin might potentially pull back from a very important resistance at the level of 18500 and drop. Should Bitcoin manage to break the level of 18500 through, it might jump again. So, let’s observe what is about to happen next.Silver has pulled from the broken range. The asset is heading north now. Silver will have to face the resistance at the level of 24.75 and pull back. Although in this case, this would be a mere temporary correction. After that, silver is likely to break this level through and jump.Brent oil has pulled from the lower boundary of the range 83.00 and the broken downtrend and jumped to the opposite trendline of the horizontal range. The oil won’t be able to instantly break the resistance area formed between the levels 98.50 and 100.00. Hence, the asset is likely to pull back from this area and drop. Here it will be important to watch for the price movements next to the resistance area to understand what is about to happen next.
from Tickmill Expert Blog - Forex Traders Blog https://www.tickmill.com/blog/oil-prices-surge-but-for-how-long"
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