Platinum gets the positive motive – Analysis – 30-4-2019

Economies.com
2019-04-30 06:48AM UTC

Platinum price still keeping the bullish attempts by getting the positive motives represented by leaning on the key support 862.00 today, besides stochastic providing the positive momentum by fluctuating within the overbought areas.

 

Therefore, we will keep our bullish overview that targets 955.00 level initially, followed by waiting to move towards the psychological barrier at 1000.00.

 

The expected trading range for today is between 870.00 and 925.00

 

The expected trend for today: Bullish

Commodities News

Gold News

Commodities

Gold gains ground as dollar dips while traders digest Fed's decisions
2024-05-02 18:30PM UTC
Gold prices rose on Thursday as the dollar fell against most major rivals, while investors digest ...
Gold News

Commodities

Gold tumbles to one-month lows but still logs in monthly profit
2024-04-30 20:41PM UTC
Gold prices fell on Tuesday as the dollar rose against most major rivals, but the precious metal ...
Oil News

Commodities

Oil prices extend losses, with Brent plumbing five-week lows
2024-04-30 14:59PM UTC
Oil prices fell in American trade on Tuesday, extending losses for the third straight session, with ...

Commodities Technical Analysis

Platinum Analysis

Commodities

Platinum price moves slowly – Forecast today – 3-5-2024
2024-05-03 07:02AM UTC
Scenarios Scenario 1: Slow Positive Attempts Despite positive factors, platinum price sees slow ...
Copper Analysis

Commodities

Copper price under the negative pressure – Forecast today – 3-5-2024
2024-05-03 07:00AM UTC
Scenarios Scenario 1: Continuous Negative Pressure Copper price affected by stochastic exit ...
Technical Analysis

Commodities

Wheat price is recovering – Forecast today - 03-05-2024
2024-05-03 03:37AM UTC
Wheat Price Analysis Wheat price bounced clearly upwards after the 597.10$ level formed solid ...