Platinum moves away from the support– Analysis – 21-10-2021

Economies.com
2021-10-21 04:40AM UTC

Platinum price returned to form new bullish waves, to move away from the moving average 55, which formed a new support recently by its stability near 1030.00, the price rally towards 1060.00 forms the initial phase for the bullish rally, gathering extra positive momentum makes us expect reaching to 1072.00 directly, then attempt to press on 1105.00 barrier to form the next target for the current trading.

 

The expected trading range for today is between 1040.00 and 1072.00

 

The expected trend for today: Bullish

Commodities News

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 ...
Gold News

Commodities

How did gold become a major component in Nvidia's signature GPUs?
2024-04-25 20:32PM UTC
Nvidia has witnessed one of the most stunning success stories in recent years.. But before we get ...

Commodities Technical Analysis

Brent oil Analysis

Commodities

Brent oil price forecast update 26-04-2024
2024-04-26 11:01AM UTC
Brent Oil Price Analysis Expected Scenario Brent oil price shows additional positive ...
Oil Analysis

Commodities

Crude oil price forecast update 26-04-2024
2024-04-26 11:01AM UTC
Crude Oil Price Analysis Expected Scenario Crude oil price keeps its stability above ...
Silver Analysis

Commodities

Silver price forecast update 26-04-2024
2024-04-26 11:00AM UTC
Silver Price Analysis Expected Scenario Silver price provides slight positive trades to ...