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Platinum price provides negative signal – Forecast today – 7-11-2024
Platinum price formed new negative attack yesterday by touching 965.00$ level, to provide negative signal that supports the attempt to move to the negative track in the near-term and medium-term period.
Despite bouncing towards 980.00$, stochastic fluctuation near 20 level will increase the negative pressures to agree with 995.00$ level attempt to form additional barrier, allowing us to suggest targeting 962.00$ and 949.00$ levels.
The expected trading range for today is between 960.00$ and 990.00$
Trend forecast: Bearish
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Copper price suffers some losses – Forecast today – 7-11-2024
Copper price faced strong negative pressures yesterday, to push it to crawl below 4.2600$ support line and face 23.6% Fibonacci correction level at 4.2050$ followed by bouncing bullishly again.
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