|
Platinum Price Recovers Some Losses – Forecast today-12-6-2026
The price of platinum was affected by the formation of the $1650.00 level as additional support, interacting with the short-term positivity of the stochastic indicator, attempting to recover some losses by pushing toward $1750.00.
It is worth noting that the price remaining below the additional barrier at $1770.00 continues to support the dominance of the corrective bearish trend. We therefore expect that as negative momentum builds up, the price may decline again toward $1650.00 and then attempt to pressure the next support level at $1605.00. However, any attempt to activate an upward move would require a break above the resistance at $1865.00 and a sustained hold above it.
Expected trading range: between $1605.00 and $1770.00
Today’s forecast: Bearish if the barrier holds.
Thanks for your feedback.
Copper Price Stabilizes Above Support – Forecast today-12-6-2026
The price of copper recently tested the additional support level at $6.1000, which has formed a strong barrier against attempts to resume the corrective decline. As a result, we are currently seeing some positive waves forming, with the price stabilizing near $6.3600.
MoreEthereum (ETHUSD) Shows New Bearish Signals – Analysis – 12-06-2026
Ethereum is experiencing choppy intraday trading after a recent corrective rebound, while the broader short-term trend remains bearish. Price action continues to move along a descending trendline, reinforcing the dominant downside structure.
MoreBrent Crude Oil Deepens Losses – Analysis – 12-06-2026
Brent crude oil continued its decline in recent intraday trading, breaking below the key support level at $89.80, which was one of our expected targets. The market remains under clear bearish pressure as prices trade within a short-term downtrend, moving along a descending trendline that supports the current negative structure.
More