Platinum price fluctuates below the barrier – Analysis – 7-6-2023
Economies.com
3 months ago
Platinum price still consolidated below 1040.00 barrier until now, to hinder the chances of resuming the bullish correction and wait to gather the negative momentum to ease the mission of crawling towards the negative targets, located now near 1010.00 and 985.00.
We remind you that facing new positive pressures and rallying above the current barrier will allow the price to resume the correctional bullish attempts, to expect moving towards 1072.00 initially, followed by reaching 1105.00.
The expected trading range for today is between 1040.00 and 1010.00
The expected trend for today: Bearish
Commodities News
Commodities
Is that the real reason behind Saudi Arabia's crude production cuts?
9 hours ago
Saudi energy minister Abdulaziz bin Salman Al Saud said this week about the recent Saudi and ...
Commodities
Palladium declines as dollar muscles up amid global inflation concerns
11 hours ago
Palladium prices fell on Friday as the dollar gained ground against most major rivals and amid ...
Commodities
Oil prices climb for second straight day
14 hours ago
Oil prices rose in European trade on Friday for the second session on track for ten-month highs ...
Commodities Technical Analysis
Commodities
Midday update for Brent oil 22-09-2023
17 hours ago
Brent oil price resumes its positive trading to approach our first waited target at 94.80, waiting ...
Commodities
Midday update for Crude oil 22-09-2023
17 hours ago
Crude oil price shows new positive trades to move above 91.00 barrier now, reinforcing the ...
Commodities
Midday update for Silver 22-09-2023
17 hours ago
Silver price managed to achieve our waited target at 23.70 and attempts to breach it, to support ...