Platinum provides new negative signal – Analysis – 28-6-2018

Economies.com
2018-06-28 06:39AM UTC

Platinum price started to provide new negative trading by crawling below 855.00 level that formed the initial support against the recent negative trading, while confirming the current support will push the price negatively towards 812.00, and the continuous negative pressures might extend trading to record new negative target by reaching 750.00.

 

Stochastic continues to provide the negative momentum to notice the attempt to crawl towards the oversold areas to increase the chances of reaching the suggested negative targets.

 

Expected trading range for today is between 870.00 and 812.00

 

Expected trend for today: Bearish

Commodities News

Gold 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 ...
Oil News

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 ...
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, ...

Commodities Technical Analysis

Oil Analysis

Commodities

Oil price will reach $100 in 2024? Expert analysis and which are the best brokers for trading it
2024-05-01 11:23AM UTC
Technical Forecasts for Oil Prices The Best 2 Oil Trading Brokers for This Year The ...
Brent oil Analysis

Commodities

Brent oil price forecast update 01-05-2024
2024-05-01 10:07AM UTC
Brent Oil Price Analysis: Expected Scenarios Brent oil price resumes its negative trading to ...
Silver Analysis

Commodities

Silver price forecast update 01-05-2024
2024-05-01 10:07AM UTC
Silver Price Analysis: Expected Scenarios Silver price settles below the broken neckline of the ...