Platinum rises slowly – Analysis – 14-2-2020

Economies.com
2020-02-14 10:35AM UTC

Platinum price started to form new positive crawl to keep its stability above 950.00 that forms the additional support against the recent positive trades, thus, we will keep waiting to continue the rise until touching 1025.00 followed by waiting to rally towards the bullish channel’s resistance at 1070.00.

 

Any attempt to decline below the additional support will postpone the bullish attack to increase the chances of testing the bullish channel’s support line at 910.00.

 

The expected trading range for today is between 950.00 and 1025.00

 

The expected trend for today: Bullish

Commodities News

Brent Oil News

Commodities

Brent hits a two-week high after Iranian President's death, Saudi king's health deterioration
2024-05-20 15:19PM UTC
International benchmark Brent rose in American trade on Monday on track for the fourth profit in a ...
Gold News

Commodities

Gold scales a fresh record high at $2450
2024-05-20 08:52AM UTC
Gold prices rose in European trade on Friday on track for the second profit in a row, hitting a ...
Gold News

Commodities

Gold scales fresh record highs and marks weekly gains
2024-05-17 21:03PM UTC
Gold prices rose on Friday and scaled fresh record highs, marking the second weekly profit in a ...

Commodities Technical Analysis

Brent oil Analysis

Commodities

Brent oil price forecast update 20-05-2024
2024-05-20 10:42AM UTC
Brent Oil Price Analysis Expected Scenario Brent oil price is facing temporary negative ...
Oil Analysis

Commodities

Crude oil price forecast update 20-05-2024
2024-05-20 10:41AM UTC
Crude Oil Price Analysis Expected Scenario Crude oil price is testing the key support ...
Silver Analysis

Commodities

Silver price forecast update 20-05-2024
2024-05-20 10:40AM UTC
Silver Price Analysis Expected Scenario Silver price shows some bearish bias now, ...