Platinum approaches the barrier – Analysis – 20-11-2019

Economies.com
2019-11-20 07:28AM UTC

Platinum price continued to form bullish waves, approaching from 915.00 barrier, depending on the strength of the current scenario, and its stability makes us expect renewing the bearish correctional attempts to target 865.00 level reaching to the support at 835.00.

 

Note that the price attempt to rally above the current resistance will cancel the negative overview, to increase the chances for renewing the bullish attempts, to expect targeting 960.00 reaching to 1025.00.

 

The expected trading range for today is between 915.00 and 850.00

 

The expected trend for today: Bearish

 

Commodities News

Gold News

Commodities

Gold scales fresh record highs and marks weekly gains
2024-05-17 21:03PM UTC
Gold prices rose on Friday and scaled fresh record highs, marking the second weekly profit in a ...
Silver News

Commodities

Silver about to trade above $30 once more for first time in 3 years
2024-05-17 11:54AM UTC
Silver prices rose in European trade on Friday, resuming gains and approaching $30 an ounce for the ...
Gold News

Commodities

Gold hovers near four-week high ahead of Christopher Waller's remarks
2024-05-17 09:13AM UTC
Gold prices rose in European trade on Friday, resuming gains and approaching four-week highs, and ...

Commodities Technical Analysis

Silver Analysis

Commodities

Update: Silver price resumes the bullish track
2024-05-17 15:23PM UTC
Silver price rallied upwards strongly to breach 29.80$ level and approach 31.00$ barrier, to stop ...
Gold Analysis

Commodities

Update: Gold price surpasses the first target
2024-05-17 15:23PM UTC
Gold price succeeded to achieve our first target at 2400.00$ and breached it to confirm the ...
Brent oil Analysis

Commodities

Brent oil price forecast update 17-05-2024
2024-05-17 09:10AM UTC
Brent Oil Price Analysis Expected Scenario Brent oil price hovers around the EMA50 that ...