Gold price fell in latest intraday trading despite the impact of the Flag pattern that’s complementary to the main upward trend, while the price tries to gather positive momentum to rise anew, as it leaned on the support of the 50-candle SMA.

The EUR/USD price edged higher in latest intraday trading, while moving alongside the downward correctional trend line in the short term, under the impact of the Double Top pattern, as the price tries to recoup some recent losses.

Natural gas prices fell and hit $3.810, thus approaching the support of $3.750, which is the key for deciding the overall trend in the near and medium term.

The price is now approaching the 55-day SMA support, which would reinforce its stability, while the Stochastic sends out positive signals, which boost the price further towards the resistance of $4.050, then $4.180.

Expected trading range today is between $3.750 and $4.050.

Today’s price forecast: Bullish as the support holds 

Platinum price closed lower yet again yesterday, below the $983.00 barrier, and then engaged in sideways trading as major indicators present conflicted signals.

The downward correctional trend still dominates with the price likely targeting $964.00 then $950.00, however, a breach of the above mentioned barrier would renew upward attempts towards $1000 then $1017.

Expected trading range today is between $960 and $985.

Today’s price forecast: Bearish as the barrier holds