Platinum price approaches the additional support – Analysis – 10-8-2022
Economies.com
2022-08-10 05:41AM UTC
The stability of 950.00 led to form correctional bearish wave for platinum price, to approach the additional support at 920.00, while the upcoming scenario depends on the strength of this support line, to expect renewing the bullish attempts and repeat the pressure on 950.00 level, which breaching it will increase the chances of reaching the additional positive stations at 965.00 and 988.00.
Facing strong negative pressures and crawling below the mentioned support will force it to suffer some losses, to expect moving towards 905.00 followed by 885.00 levels initially.
The expected trading range for today is between 920.00 and 965.00
The expected trend for today: Bullish
Commodities 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 ...
Commodities
Oil prices try to recover from seven-week lows
2024-05-02 13:05PM UTC
Global oil prices rose in European trade on Thursday for the first time in five sessions away from ...
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 ...
Commodities Technical Analysis
Commodities
End of day gold price forecast update - 02-05-2024
2024-05-02 16:17PM UTC
Gold price continues to decline to test 2300.00$, waiting for more decline to achieve the ...
Commodities
End of day gold price forecast update - 02-05-2024
2024-05-02 16:16PM UTC
Gold price continues to decline to test 2300.00$, waiting for more decline to achieve the main ...
Commodities
Brent oil price forecast update 02-05-2024
2024-05-02 09:06AM UTC
Brent Oil Trading Report Brent oil price is testing 84.77$ level and attempts to consolidate ...