Gold prices fell on profit-taking in latest intraday trading after an earlier rise, amid the dominance of the main upward trend as the price trades alongside the secondary trend line, while trying to vent off overbought saturation in the Stochastic with negative signals emerging from it.

The EUR/USD pair fell in latest intraday trading, amid the dominance of the downward correctional trend in the short term, while the price trades alongside the trend line, as a negative divergence forms in the Stochastic with negative signals emerging from it, bolstering the likelihood of decline.

Natural gas price held above the support of $3.750 and started forming upward waves that sent the price to $3.940, with positive signals from major indicators, paving the way towards $4.085 initially, with a breach sending the price to $4.180 and $4.260.

Expected trading range today is between $3.850 and $4.085.

Today’s price forecast: Bullish as the support holds 

Platinum price managed to surpass the barrier of $983.00 yesterday and reactivate the upward momentum, as the 55 SMA forms an additional support near $966.00, while the Stochastic sends out positive signals by exiting oversold levels. 

The price will likely head towards $1000.00, thus heading additional targets such as $1017 and $1026 respectively. 

Expected trading range today is between $975 and $1000.

Today’s price forecast: Bullish