Platinum price closed once more below the stable top of $1007.00, maintaining the chances of activating the downward path, with negative signals from the Stochastic, while the price creeped below the 50% Fibonacci retracement level at $983.

We expect the price to tackle $964 soon and register a new low to confirm the downward path, thus targeting $955.00 then $941.00 in upcoming trading. 

Expected trading range today is between the $964 support and the $995 resistance.

Today’s price forecast: Bearish

Silver price rose in latest intraday trading, boosted by trading alongside the upward trend line, with ongoing positive pressure due to trading above the 50-candle SMA, coupled with positive signals from the Stochastic.

Ethereum price fell in latest intraday trading, hurt by negative signals from the Stochastic after it reached overbought levels, with ongoing negative pressure due to trading below the 50-candle SMA, while the price moves alongside the main downward trend line in the short term.

Bitcoin price managed to recoup early losses in the intraday levels, but still suffers from negative pressure due to trading below the 50-candle SMA, as a negative divergence forms in the Stochastic with negative signals emerging from it, amid the dominance of the main downward trend in the short term.