Platinum presses on the resistance – Analysis – 11-8-2017

Economies.com
2017-08-11 08:38AM UTC

Platinum price repeated providing positive trading to keep its stability near the resistance at 980.00, which forms the main gate for resuming the expected bullish attack, therefore, the sideways suggestion will remain valid in the current period until the price achieve the required breach then begin to record the main targets by reaching 1030.00 and 1080.00.

 

Reminding you that achieving the required breach might force it to provide bearish correctional trading to reach 965.00 level reaching to the main support at 925.00.

 

Expected trading range for today is between 965.00 and 980.00

 

Expected trend for today: sideways 

Commodities News

Gold News

Commodities

Gold climbs ahead of inflation data, Powell's speech
2024-05-14 08:35AM UTC
Gold prices rose in European trade on Tuesday, resuming gains after a short hiatus, as US 10-year ...
Copper News

Commodities

Copper extends gains in challenge to global geopolitical concerns
2024-05-13 15:50PM UTC
Copper prices rose on Monday as the dollar inched down against most major rivals despite ongoing ...
Brent Oil News

Commodities

Brent climbs nearly 1.5% on Asian demand hopes
2024-05-13 14:32PM UTC
International benchmark Brent rose 1.5% in American trade on Monday, resuming its recovery from ...

Commodities Technical Analysis

Oil Analysis

Commodities

Update: Crude oil price hits the first target
2024-05-14 15:07PM UTC
Crude oil price succeeded to touch our first waited targe tat 77.64$ and finds solid support there, ...
Brent oil Analysis

Commodities

Brent oil price forecast update 14-05-2024
2024-05-14 09:25AM UTC
Brent Oil Price Analysis Expected Scenario Brent oil price shows slight bearish bias now, ...
Oil Analysis

Commodities

Crude oil price forecast update 14-05-2024
2024-05-14 09:25AM UTC
Crude Oil Price Analysis Expected Scenario Crude oil price provides additional negative ...