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Platinum price remains stable– Forecast today – 5-6-2026
Platinum price kept its stability above the support level at $1865.00, however the contradiction of the main indicators pushed it to form weak sideways moves, to settle near $1880.00.
Note that stochastic attempt to reach the oversold level might increase the chances of breaking the current support; to force it suffer extra losses by reaching $1810.00 and $1770.00, while renewing the bullish trend will remain confined until breaching the moving average 55 at $1980.00.
The expected trading range for today is between $1770.00 and $1925.00
Trend forecast: Bearish
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Copper price moves away from the barrier– Forecast today – 5-6-2026
Copper price neediness to the positive momentum led it to form more correction waves, to move away from $6.6600, to keep providing weak sideways trading by its stability near $6.3500 level.
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Brent crude oil advanced in recent intraday trading after finding support at the EMA50, which provided a solid base and helped generate renewed bullish momentum.
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