Platinum price stability at $1342.00 confirmed its surrender to the bearish correctional bias domination, approaching from the initial correctional target at 1290.00.

Note that the stability of the moving average 55 above the mentioned barrier confirms the confinement within the bearish track, to keep our bearish expectation until reaching the stations at 1280.00 and 1255.00.

The expected trading range for today is between $1280.00 and $1330.00

Trend forecast: Bearish

Copper price kept providing weak sideways trading by stability near the moving average 55 at $4.3500, without any attempt to activate the bullish attack due to its continued neediness for the positive momentum until this momentum.

Reminding you that holding above the extra support at $4.2600 might help it to settle positively, to confirm gathering the extra positive momentum to ease the mission of reaching positive stations that are located near $4.6300 and $4.7500.

The expected trading range for today is between $4.2600 and $4.6300

Trend forecast: Bullish

The (ETHUSD) price declined in its last intraday trading, due to the continuation of the negative pressure that comes from its trading below EMA50, forming a dynamic resistance that prevent the recovery on the near term basis, amid the dominance of the bearish correctional dominance on the short-term basis, and its trading alongside a supportive bias line for the trend, with the emergence of the negative signals on the (RSI), despite reaching oversold levels.

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The (Brent) price rose in its last intraday trading, due to the stability of the critical support level at $67.50, providing positive momentum that assisted it to achieve these gains, with the emergence of the positive signals on the (RSI), after reaching oversold levels.

This performance comes amid the price’s affection by breaking bullish trend line on the short-term basis, with the continuation of the negative pressure that comes from its trading below EMA50, forming dynamic resistance that prevents any recovery attempt on the near-term basis.

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VIP Trading Signals Performance – July 28 – August 1, 2025

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