Platinum price recorded some extra gains by its rally to $1440.00, but it neediness to the positive momentum pushed it to decline below the barrier at $1426.00, which forced it to provide mixed trading by its stability near $1400.00.
Reminding you that the attempt of forming extra support at $1383.00 level will confirm the trading’s confinement within the bullish track, to keep waiting for gathering the extra positive momentum, which allows it to confirm breaching the barrier and reaching extra stations at $1455.00 level and $1480.00.
The expected trading range for today is between $1390.00 and $1455.00
Trend forecast: Bullish
Copper price touched $4.5950 yesterday, to approach from the initial positive target, which forces it to form sideways fluctuation, due to its neediness to the positive momentum by the stability of stochastic with the oversold level.
While the stability of the price is within the bullish track, by moving away from the extra support at $4.2600, by providing positive momentum by the moving average 55, these factors make us keep the bullish suggestion, to expect surpassing $4.6200 level and reaching the next target near $4.7500.
The expected trading range for today is between $4.4200 and $4.7500
Trend forecast: Bullish
The (ETHUSD) price declined in its last intraday levels, attempting to gain bullish momentum to assist it to recover and rise again, and attempts to offload some of its clear overbought conditions on the (RSI), with the emergence of the negative signals after its success in its previous trading to get rid of the negative pressure of the EMA50, affected by positive technical formation of the short-term basis, which is the falling wedge pattern.
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The (Brent) price deepened its losses in its last intraday trading, after surpassing the support of its EMA50, putting it under negative pressure that led it to break bullish correctional channel’s support that limited its previous trading on the short-term basis, confirming the continuation of the decline, especially with the emergence of the negative signals on the (RSI), despite reaching oversold levels, which might limit the losses temporarily.
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Subscribe via TelegramFull VIP signals performance report for August 25–29, 2025: