Platinum price needs to surpass the barrier – Analysis – 14-1-2022

Economies.com
2022-01-14 07:52AM UTC

No change to platinum price track until this moment, while the slow positive rally is caused by the continuous obstacle formed at 1000.00 against the bullish attempts.

 

Stochastic crawl above 50 level will provide the price with new positive momentum, to increase the chances of achieving the required breach to open the way to record additional targets that might start at 1040.00.

 

The expected trading range for today is between 950.00 and 1040.00

 

The expected trend for today: Bullish

Commodities News

Gold News

Commodities

Gold logs in first weekly loss in five weeks
2024-04-26 18:34PM UTC
Gold prices rose on Friday, shrugging off a surge by the dollar index following upbeat data, ...
Palladium News

Commodities

Palladium tumbles below $1000 an ounce once again
2024-04-26 15:34PM UTC
Palladium prices fell on Friday as the dollar rose against most major rivals, with the industrial ...
Oil News

Commodities

Oil prices park at week high as US inventories drop
2024-04-26 13:14PM UTC
Oil prices rose in European trade on Friday, extending gains for the second straight session, with ...

Commodities Technical Analysis

Technical Analysis

Commodities

Wheat price under the negative pressure – Forecast today - 30-04-2024
2024-04-30 04:06AM UTC
Wheat Price Analysis The price of wheat traded with clear negativity yesterday, breaking the ...
Technical Analysis

Commodities

Sugar price tests the resistance – Forecast today - 30-04-2024
2024-04-30 04:06AM UTC
Sugar Price Analysis The price of sugar recorded positive trades yesterday, testing the key ...
Technical Analysis

Commodities

Corn price needs the positive momentum – Forecast today - 30-04-2024
2024-04-30 04:05AM UTC
Corn Price Analysis The price of corn shows a bearish bias, moving below the 449.20$ level. ...