Gold prices fell in recent  trading after reaching the price target that we laid out yesterday at $3055, with the price now collecting profits and gathering momentum to maintain its movement within the ascending price channel, while also trying to vent off overbought saturation in the  Stochastic.

Even as natural gas prices weakened recently, major indicators continue to produce positive signals, with the price managing to surpass the obstacle at $4.180, opening the door for more gains to come. 

As the Stochastic approaches the 80 levels, the price will get further momentum and heads towards the target of $4.280 then $4.450.

Expected trading range today is between $4,150 and $4.280.

Today’s price forecast: Bullish

Platinum price managed yesterday to test the strong support at $983.00, settling above it and confirming the upward trend suggested before, with the price marking some profits today and heading towards $1000.00.

As the Stochastic exits overbought saturation, the price might engage in some sideways trading before gathering momentum and resuming its advance towards the next major target at $1017.

Expected trading range today is between $985 and $1017.

Today’s price forecast: Bullish

Copper price trespassed the psychological barrier of $5.000 yesterday amid mounting positive pressures from major indicators, with the price now settling near $5.0820.

The price will likely head towards the $5.1600 target, and we’ll wait for the next close before determining the likely path ahead, with any upward momentum reliant on holding steady above $4.8600. 

Expected trading range today is between $4.9500 and $5.1600.

Today’s price forecast: Bullish