Platinum price repeats the negative closings – Analysis – 28-6-2022

Economies.com
2022-06-28 05:18AM UTC

No change to platinum price bearish track by settling below 50% Fibonacci correction level represented by 950.00 level, in addition to 920.00 level forming additional barrier to support the negative overview.

 

Therefore, we will keep waiting to gather the additional negative momentum to force the price to form new negative waves to target 890.00 followed by reaching the next main target at 855.00.

 

The expected trading range for today is between 920.00 and 875.00

 

Open Live Trading Account

The expected trend for today: Bearish

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

Brent oil Analysis

Commodities

Brent oil price forecast update 26-04-2024
2024-04-26 11:01AM UTC
Brent Oil Price Analysis Expected Scenario Brent oil price shows additional positive ...
Oil Analysis

Commodities

Crude oil price forecast update 26-04-2024
2024-04-26 11:01AM UTC
Crude Oil Price Analysis Expected Scenario Crude oil price keeps its stability above ...
Gold Analysis

Commodities

Gold price forecast update 26-04-2024
2024-04-26 11:00AM UTC
Gold Price Analysis Expected Scenario Gold price shows new positive trades to attempt to ...