Platinum needs new momentum – Analysis – 21-9-2021

Economies.com
2021-09-21 04:22AM UTC

Platinum price approached the target at 900.00 yesterday, and bounced upwards towards 920.00 due to the lack of the negative momentum, while the main stability within the bearish channel and 949.00 level forming additional resistance allow us to wait to gather the additional negative momentum, to ease the mission of reaching the negative stations at 880.00 followed by 860.00.

 

The expected trading range for today is between 930.00 and 880.00

 

The expected trend for today: Bearish

Commodities News

Natural Gas News

Commodities

Why's Germany choosing natural gas instead of nuclear power?
2024-05-08 19:47PM UTC
The world is witnessing a renaissance of nuclear power, which has sent uranium prices soaring in ...
Oil News

Commodities

US crude stocks fall more than expected last week
2024-05-08 15:53PM UTC
The Energy Information Administration reported a drop of 1.4 million barrels in US crude stocks ...
Gold News

Commodities

Gold under pressure as dollar gains ground
2024-05-08 10:04AM UTC
Gold prices fell on Wednesday on track for the second day in a row, about to trade below the ...

Commodities Technical Analysis

Brent oil Analysis

Commodities

Brent oil price forecast update 08-05-2024
2024-05-08 09:36AM UTC
Brent Oil Price Analysis Expected Scenario Brent oil price succeeded to touch our waited ...
Oil Analysis

Commodities

Crude oil price forecast update 08-05-2024
2024-05-08 09:36AM UTC
Crude Oil Price Analysis Expected Scenario Crude oil price trades with clear negativity ...
Silver Analysis

Commodities

Silver price forecast update 08-05-2024
2024-05-08 09:36AM UTC
Silver Price Analysis Expected Scenario Silver price trades negatively now to approach ...