Platinum awaits to surpass – Analysis – 6-3-2017

Economies.com
2017-03-06 09:20AM UTC

Platinum price provided clear sideways fluctuation by its confinement between the main levels that represented by the resistance at 1010.00 for today, while the support settles at 980.00, which makes us keep preferring the sideways bias until surpassing the domination of the sideways trading, and begin to detect the true targets in the upcoming period.

 

To detect the expected targets when surpassing the main levels please review the previous report.

 

Expected trading range for today is between 1000.00 and 980.00

 

Expected trend for today: neutral.

 

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 ...