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Platinum price hovers near the support– Forecast today – 20-8-2025

Economies.com
2025-08-20 05:09AM UTC
AI Summary
  • Platinum price affected by new bearish pressure due to stochastic reaching oversold level
  • Moving average 55 stability near $1342.00 will increase bearish pressure
  • Expected trading range for today is between $1300.00 and $1342.00, with a bearish trend forecast

Platinum price affected by new bearish pressure due to stochastic reach to the oversold level, forming a new decline and attacking the support of the sideways track at $1302.00.

 

Note that the stability of moving average 55 near the barrier at $1342.00 will increase the bearish pressure on the trading, reinforcing the chances for breaking the current support and begin forming new bearish waves, to expect suffering extra losses by reaching $1281.00 reaching 38.2%Fibonacci correction level at $1255.00.

 

The expected trading range for today is between $1300.00 and $1342.00

 

Trend forecast: Bearish

 

The (ETHUSD) declines alongside bearish correctional bias line-Analysis- 20-08-2025

Economies.com
2025-08-20 04:28AM UTC

The (ETHUSD) price settled low in its last intraday trading, after breaking the key support at $4,150, amid the continuation of the negative pressure due to its trading below EMA50, and under the dominance of bearish correctional wave on the short-term basis and its trading alongside a bias line that reinforces the stability of this track, especially with the emergence of the negative signal on the (RSI), after it succeeded in offloading its oversold conditions in its previous trading, opening the way for recording more of the losses.

 

 

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Brent crude oil attempts to offload its oversold condition- Analysis-20-08-2025

Economies.com
2025-08-20 04:21AM UTC

The (Brent) price declined in its last intraday trading, after it attempted to offload some of its clear oversold conditions on the (RSI), especially with the emergence of the positive signals, amid the continuation of the negative pressure due to its trading below EMA50, and under the main bearish trend and its trading alongside a minor supportive bias line, reinforcing the negative pressure around the price.

 

 

VIP Trading Signals Performance by BestTradingSignal.com (August 11–15, 2025)

 

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Silver Price resumes the decline amid strong selling pressure-Analysis-20-08-2025

Economies.com
2025-08-20 04:16AM UTC

The (silver) price continued the decline in its last intraday trading, affected by the dominance of minor bearish wave, while it moves alongside a support bias line, indicating the strength of the dominant pressure on the trading, resuming its trading below EMA50, intensifying the strength of the bearish trend.

 

At the same time, the negative signals come from the (RSI), despite reaching sharp oversold levels, opening the way for limited rebounding attempts on an intraday basis, but the overall technical image remains suggesting more of the downside moves unless it manages to breach critical resistance levels that turns some of the positive momentum back.

 

 

VIP Trading Signals Performance by BestTradingSignal.com (August 11–15, 2025)

 

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VIP Signals (Gold, Oil, Forex, Bitcoin, Ethereum, Indices) from €179/month

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Frequently asked questions

What is the price of Platinum today?

The price of Platinum is $1357.20 (2025-08-20 15:56PM UTC)