Gold price started to recover in latest intraday trading after gathering positive momentum as it tested the main upward trend line in the short term, coinciding with leaning on the support of the 50-candle SMA, helping the price rebound.

EUR/USD price rose in latest intraday trading after falling in earlier trading as it tested the important resistance of $1.1090, in an attempt to gather positive momentum that could help it breach that resistance, amid the dominance of the main upward trend as it trades alongside the short-term trend line.

Natural gas price faced the negativity of the Stochastic by repeatedly holding within an upward channel, as the support of $3.750 held on, with the price marking some gains by touching $4.150.

The price is now in need of positive momentum to surpass $4.180 and open the door for more gains towards $4.260 then $4.480. 

Expected trading range today is between $3.880  and $4.260.

Today’s price forecast: Bullish 

Platinum price attacked the second negative target at $944.00 and tried to stall and bounce higher temporarily, and settle near $955.

Now with negative signals from major indicators and as $983 formed as a barrier, the price will likely extend its losses towards $935 then $920.00. 

Expected trading range today is between $935  and $970.

Today’s price forecast: Bearish