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Platinum price needs positive momentum– Forecast today – 23-4-2026
Platinum price continued to provide weak sideways trading by its continued fluctuation near $2040.00 level, affected by the continuation of the main indicators, to obstruct the chances of resuming the previously bullish trend.
Stochastic reach below 50 level might increase the intraday negative pressures on the trading, to expect reaching the moving average level 55 at $1990.00, attempting to test the extra support near $1950.00, while holding above $2110.00 will motivate the bullish trend, to keep waiting for recording the extra target near $2155.00 and $2205.00.
The expected trading range for today is between $1990.00 and $2100.00
Trend forecast: Fluctuating
Copper price affected by stochastic negativity– Forecast today – 23-4-2026
Copper price closed yesterday’s trading by reaching $6.1100 level, approaching the barrier at $6.1200, to begin this morning with new negative trading due to the continuation of providing negative momentum by stochastic, to press on the initial support at $5.9700 level.
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