Platinum price resumes the rise – Forecast today – 14-3-2024

Economies.com
2024-03-14 05:18AM UTC

Platinum price renewed its positive action yesterday, to notice moving towards 943.00 and hint keeping the previously suggested bullish track that depends on 908.00 level forming the additional support.

 

We notice the MA55 rally towards the mentioned additional support to confirm confining trades within the bullish track and notice that stochastic provides the additional positive momentum to increase the chances of attacking the target at 949.00 soon, while surpassing it will extend trades towards 965.00 direct, followed by reaching the next main target at 983.00.

 

The expected trading range for today is between 935.00 and 965.00

 

Trend forecast: Bullish

Commodities News

Gold News

Commodities

Gold climbs ahead of inflation data, Powell's speech
2024-05-14 08:35AM UTC
Gold prices rose in European trade on Tuesday, resuming gains after a short hiatus, as US 10-year ...
Copper News

Commodities

Copper extends gains in challenge to global geopolitical concerns
2024-05-13 15:50PM UTC
Copper prices rose on Monday as the dollar inched down against most major rivals despite ongoing ...
Brent Oil News

Commodities

Brent climbs nearly 1.5% on Asian demand hopes
2024-05-13 14:32PM UTC
International benchmark Brent rose 1.5% in American trade on Monday, resuming its recovery from ...

Commodities Technical Analysis

Natural gas Analysis

Commodities

Natural gas price repeats the positive closings – Forecast today – 15-5-2024
2024-05-15 05:35AM UTC
Natural Gas Price Analysis Expected Scenario Despite natural gas price weak trades ...
Platinum Analysis

Commodities

Platinum price resumes the rise – Forecast today – 15-5-2024
2024-05-15 05:30AM UTC
Platinum Price Analysis Expected Scenario Platinum price didn’t get enough by ...
Copper Analysis

Commodities

Copper price begins to hit the targets – Forecast today – 15-5-2024
2024-05-15 05:29AM UTC
Copper Price Analysis Expected Scenario The Copper price confirmed keeping the bullish ...