Platinum without any change – Analysis – 26-9-2017

Economies.com
2017-09-26 06:57AM UTC

Platinum price forced to provide some bullish correctional trading, affected by stochastic positivity to settle near 943.00 level, reminding you that the bearish scenario depends on forming strong barrier at 955.00 level by the moving average 55, to ease the attempt of recording extra negative trading by reaching 890.00 in the near and medium period.

 

While breaching the current barrier will cancel the bearish correctional overview, to begin building new bullish bias to expect reaching 1010.00 to extend the trading to 1045.00, which forms the next positive station.

 

Expected trading range for today is between 955.00 and 890.00

 

Expected trend for today: Bearish

 

Commodities News

Gold News

Commodities

Gold under pressure ahead of US jobs data
2024-05-03 08:37AM UTC
Gold prices fell in European trade on Friday, extending losses for the second straight session and ...
Gold News

Commodities

Gold gains ground as dollar dips while traders digest Fed's decisions
2024-05-02 18:30PM UTC
Gold prices rose on Thursday as the dollar fell against most major rivals, while investors digest ...
Oil News

Commodities

Oil prices try to recover from seven-week lows
2024-05-02 13:05PM UTC
Global oil prices rose in European trade on Thursday for the first time in five sessions away from ...

Commodities Technical Analysis

Platinum Analysis

Commodities

Platinum price moves slowly – Forecast today – 3-5-2024
2024-05-03 07:02AM UTC
Scenarios Scenario 1: Slow Positive Attempts Despite positive factors, platinum price sees slow ...
Copper Analysis

Commodities

Copper price under the negative pressure – Forecast today – 3-5-2024
2024-05-03 07:00AM UTC
Scenarios Scenario 1: Continuous Negative Pressure Copper price affected by stochastic exit ...
Technical Analysis

Commodities

Wheat price is recovering – Forecast today - 03-05-2024
2024-05-03 03:37AM UTC
Wheat Price Analysis Wheat price bounced clearly upwards after the 597.10$ level formed solid ...