Platinum repeats the sideways fluctuation – Analysis – 3-6-2020

Economies.com
2020-06-03 06:35AM UTC

Platinum price still affected by the domination of the temporary sideways bias to notice its fluctuation below the moving average 55, to continue forming barrier against the bullish trades by settling near 875.00, thus, we expect the continuation of fluctuation and moving between the current barrier and 810.00 level until gathering the positive momentum to manage to breach the barrier and record the positive targets at 915.00 and 1030.00.

 

The expected trading range for today is between 875.00 and 810.00

 

The expected trend for today: Sideways

Commodities News

Oil News

Commodities

Oil prices lost ground despite large US inventory drawdown
2024-04-24 20:42PM UTC
Oil prices fell on Wednesday despite earlier official data that showed a steep decline in US crude ...
Oil News

Commodities

US crude stocks fall more than expected
2024-04-24 16:29PM UTC
The Energy Information Administration reported a drop of 6.4 million barrels in US crude stocks ...
Oil News

Commodities

Oil prices move in a positive zone after surprise drop in US stocks
2024-04-24 12:29PM UTC
Global oil prices rose in European trade on Wednesday away from recent three-week lows after ...

Commodities Technical Analysis

Gold Analysis

Commodities

Gold is expected to reach $3,000 by end of 2024: Here are the best 3 platforms and brokers for trading it
2024-04-25 04:29AM UTC
Index Gold Price Technical Analysis and Forecasts for 2024 and 2025 Best Gold Trading ...
Technical Analysis

Commodities

Wheat price achieves more gains – Forecast today - 25-04-2024
2024-04-25 04:08AM UTC
Wheat Price Analysis Wheat price rallied upwards yesterday to succeed achieving our new waited ...
Technical Analysis

Commodities

Soybean price approaches the target – Forecast today - 25-04-2024
2024-04-25 04:08AM UTC
Soybean Price Analysis Soybean price rebounds bearishly after approaching our waited target at ...