Platinum repeats the positive closings – Analysis – 10-1-2020
Economies.com
2020-01-10 09:26AM UTC
Platinum price repeated the positive closings above the additional support 950.00 to increase the chances of resuming the bullish attack in the near term and medium term period, thus, we will keep waiting to surpass 990.00 to manage to move towards 1025.00 followed by reaching 1055.00 in the upcoming period.
We notice that stochastic continues to provide the positive momentum by reaching the overbought areas, to agree the price stability within the main bullish channel.
The expected trading range for today is between 950.00 and 1025.00
The expected trend for today: Bullish
Commodities News
Commodities
Oil prices reverse lower, with US crude slumping 7% this week
2024-05-03 19:36PM UTC
Oil prices fell on Friday to seven-week lows amid concerns about oversupplies after an unexpected ...
Commodities
Gold under pressure ahead of US jobs data
2024-05-03 08:37AM UTC
Gold prices fell in European trade on Friday, extending losses for the second straight session and ...
Commodities
Gold gains ground as dollar dips while traders digest Fed's decisions
2024-05-02 18:30PM UTC
Gold prices rose on Thursday as the dollar fell against most major rivals, while investors digest ...
Commodities Technical Analysis
Commodities
Brent oil price forecast update 03-05-2024
2024-05-03 13:54PM UTC
Brent oil price shows new negative trades now in attempt to resume the correctional bearish trend, ...
Commodities
Crude oil price forecast update 03-05-2024
2024-05-03 13:54PM UTC
Crude oil price resumes its negative trading to move away from 79.60$ level, reinforcing the ...
Commodities
Silver price forecast update 03-05-2024
2024-05-03 13:53PM UTC
Silver price declines again to reach our waited target at 26.00$, waiting to break this level to ...