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Platinum price tends towards the positivity – Analysis – 24-1-2024
Platinum price took advantage of 880.00 level forming for solid support against the recent negative trades to notice forming some bullish waves and settling near 905.00, to increase the chances of regaining the bullish bias again.
We assure the importance of gathering the additional positive momentum to assist to activate the bullish rally by attacking 925.00 obstacle, while surpassing it will open the way to reach additional positive stations that might start at 950.00.
The expected trading range for today is between 890.00 and 925.00
The expected trend for today: Bullish
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Copper price rises slowly – Analysis – 24-1-2024
Copper price started to respond to stochastic rally towards the overbought areas, forming slight rise by reaching 3.7980, attempting to surpass the MA55 in order to reinforce the chances of forming new bullish waves now.
MoreWheat price attempts to breach – Analysis - 24-01-2024
Wheat price attempted to breach 605.00 level but it ended yesterday below it, which keeps our bearish overview valid, as the price is affected by the previously completed double top pattern, reminding you that we are waiting to head towards 573.00 as a next main target.
MoreSugar price resumes the rise – Analysis - 24-01-2024
Sugar price provided clear positive trades yesterday to move away from 22.60 level, reinforcing the expectations of continuing the bullish trend on the intraday basis, and the way is open to achieve our next target at 23.80.
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