Platinum price postpones the decline – Analysis – 16-6-2022

Economies.com
2022-06-16 05:03AM UTC

Platinum price failed to break 918.00 support line to postpone the negative attack and notice rallying towards 945.00, while the current trades might move within the sideways track between the mentioned support and 970.00 resistance.

 

Therefore, we will suggest the sideways trades again, to stay neutral until surpassing one of the major levels to manage to detect the next targets.

 

The expected trading range for today is between 920.00 and 970.00

 

Open Live Trading Account

The expected trend for today: Sideways

Commodities News

Gold News

Commodities

Gold advances towards unprecedented peaks
2024-04-18 09:21AM UTC
Gold prices rose in European trade on Thursday, resuming gains and moving once again towards record ...
Oil News

Commodities

Oil prices extend losses to 3%, hitting April lows
2024-04-17 18:33PM UTC
Oil prices fell on Wednesday and sharpened their losses considerably following US inventory data, ...
Gold News

Commodities

Gold prices edge away from record highs
2024-04-17 18:26PM UTC
Gold prices fell on Wednesday even as the dollar lost ground against most major rivals, with ...

Commodities Technical Analysis

Brent oil Analysis

Commodities

Brent oil price forecast update 18-04-2024
2024-04-18 11:12AM UTC
Brent Oil Price Analysis Expected Scenario Brent oil price broke the 87.67$ level ...
Oil Analysis

Commodities

Crude oil price forecast update 18-04-2024
2024-04-18 11:12AM UTC
Crude Oil Price Analysis Expected Scenario Crude oil price resumes its negative trading ...
Silver Analysis

Commodities

Silver price forecast update 18-04-2024
2024-04-18 11:11AM UTC
Silver Price Analysis Expected Scenario Silver price is attempting to return to the ...