No news for Platinum price – Analysis – 3-6-2021

Economies.com
2021-06-03 04:14AM UTC

No change to Platinum price bearish track, as it keeps fluctuating below 1230.00 level, which forms an obstacle against the bullish attempts, to agree stochastic negativity.

 

Therefore, we will keep waiting to record the intraday negative targets represented by 1140.00 followed by reaching the bullish channel’s support line at 1105.00, assuring the importance of monitoring the price behavior to manage to detect the next main trend.

 

The expected trading range for today is between 1210.00 and 1140.00

 

The expected trend for today: Bearish

Commodities News

Gold News

Commodities

Gold logs in first weekly loss in five weeks
2024-04-26 18:34PM UTC
Gold prices rose on Friday, shrugging off a surge by the dollar index following upbeat data, ...
Palladium News

Commodities

Palladium tumbles below $1000 an ounce once again
2024-04-26 15:34PM UTC
Palladium prices fell on Friday as the dollar rose against most major rivals, with the industrial ...
Oil News

Commodities

Oil prices park at week high as US inventories drop
2024-04-26 13:14PM UTC
Oil prices rose in European trade on Friday, extending gains for the second straight session, with ...

Commodities Technical Analysis

Brent oil Analysis

Commodities

Brent oil price forecast update 29-04-2024
2024-04-29 09:54AM UTC
Brent Oil Price Analysis Key Points: Brent oil price has resumed positive trading, finding ...
Oil Analysis

Commodities

Crude oil price forecast update 29-04-2024
2024-04-29 09:54AM UTC
Crude Oil Price Analysis Key Points: Crude oil price is currently testing the key ...
Silver Analysis

Commodities

Silver price forecast update 29-04-2024
2024-04-29 09:54AM UTC
Silver Price Analysis Key Points: Silver price is currently trading positively, influenced ...