Platinum price tests the resistance – Analysis – 3-2-2023
Economies.com
2023-02-03 09:08AM UTC
Platinum price formed temporary positive rebound yesterday to test 1040.00 resistance and confirm confining trades within the bearish track, while the price needs new negative momentum to ease the mission of reaching the negative stations that might start at 990.00 and 965.00.
On the other hand, facing positive pressures and rallying above the mentioned resistance will cancel the negative overview and start forming strong bullish waves that might push it to reach 1072.00 initially.
The expected trading range for today is between 1040.00 and 1000.00
The expected trend for today: Bearish
Commodities News
Commodities
Gold tumbles to one-month lows but still logs in monthly profit
2024-04-30 20:41PM UTC
Gold prices fell on Tuesday as the dollar rose against most major rivals, but the precious metal ...
Commodities
Oil prices extend losses, with Brent plumbing five-week lows
2024-04-30 14:59PM UTC
Oil prices fell in American trade on Tuesday, extending losses for the third straight session, with ...
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, ...
Commodities Technical Analysis
Commodities
Wheat price tests the support base – Forecast today - 02-05-2024
2024-05-02 04:03AM UTC
Wheat Price Analysis Expected Scenario Wheat price continues to press on 597.10$ support ...
Commodities
Soybean price attempts to recover – Forecast today - 02-05-2024
2024-05-02 04:03AM UTC
Soybean Price Analysis Expected Scenario Soybean price begins today with clear positivity to ...
Commodities
Corn price surpasses the resistance – Forecast today - 02-05-2024
2024-05-02 04:03AM UTC
Corn Price Analysis Expected Scenario Corn price resumed its positive trading clearly to ...