Platinum price repeats the negative closings – Analysis – 1-6-2023

Economies.com
2023-06-01 10:01AM UTC

No change to platinum price bearish track, as it keeps providing frequent negative closings below 1040.00 level, to increase the efficiency of the bearish track and notice touching 995.00 level.

 

Also, the negative consolidation below the MA55 will increase the chances of forming new bearish waves, waiting to touch 965.00 level soon, which forms the next negative target of the current trades.

 

The expected trading range for today is between 1010.00 and 965.00

 

The expected trend for today: Bearish

Commodities News

Gold News

Commodities

Gold declines to two-week lows
2024-04-23 20:50PM UTC
Gold prices fell on Tuesday even as the dollar fell against most major rivals ahead of important ...
Oil News

Commodities

Oil prices hover at three-week lows as global supply concerns fade
2024-04-23 13:04PM UTC
Global oil prices fell in European trade on Tuesday on track for the second loss, almost touching ...
Gold News

Commodities

Gold rushes above $2400 as Israel attacks Iran
2024-04-19 07:41AM UTC
Gold prices rose in European trade on Friday, extending gains for a second day and trading above ...

Commodities Technical Analysis

Natural gas Analysis

Commodities

Natural gas price confirms the positivity – Forecast today – 24-4-2024
2024-04-24 05:43AM UTC
Natural Gas Price Analysis Expected Scenario Natural gas price provided new positive ...
Platinum Analysis

Commodities

Platinum price suffers additional losses – Forecast today – 24-4-2024
2024-04-24 05:34AM UTC
Suggested Scenarios and Trading Range Analysis Scenario: Potential Reversal to Bullish ...
Copper Analysis

Commodities

Copper price provides mixed trades – Forecast today – 24-4-2024
2024-04-24 05:33AM UTC
Suggested Scenarios and Trading Range Analysis Scenario 1: Continuation of Bearish ...