Platinum price resists the negative pressures – Analysis – 22-3-2023

Economies.com
2023-03-22 05:20AM UTC

Platinum price continued to resist the negative pressure caused by stochastic fluctuation near 50 level, to keep its positive stability above 50% Fibonacci correction level at 950.00.

 

The price might provide weak sideways trades until gathering the positive momentum to manage to breach the additional barrier at 1005.00 and attempt to reach the main stations that might start at 1040.00.

 

The expected trading range for today is between 965.00 and 1005.00

 

The expected trend for today: Bullish

Commodities News

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 ...
Gold News

Commodities

Gold returns higher towards $2400
2024-04-18 18:59PM UTC
Gold prices rose on Thursday as the dollar advanced against most major rivals amid mounting ...
Gold News

Commodities

Gold advances towards unprecedented peaks
2024-04-18 09:21AM UTC
Gold prices rose in European trade on Thursday, resuming gains and moving once again towards record ...

Commodities Technical Analysis

Brent oil Analysis

Commodities

Brent oil price forecast update 19-04-2024
2024-04-19 10:43AM UTC
Brent Oil Price Analysis Expected Scenario The Brent oil price bounced downwards strongly ...
Oil Analysis

Commodities

Crude oil price forecast update 19-04-2024
2024-04-19 10:43AM UTC
Crude Oil Price Analysis Expected Scenario Crude oil price couldn’t manage to hold ...
Silver Analysis

Commodities

Silver price forecast update 19-04-2024
2024-04-19 10:43AM UTC
Silver Price Analysis Expected Scenario Silver price returns to test the key support at ...