Platinum seeks an exit – Analysis – 18-9-2020

Economies.com
2020-09-18 08:06AM UTC

Platinum price touched 985.00 level yesterday that formed an obstacle against the recent bullish attempts, to force the price to rebound temporarily towards 940.00.

 

We remind you that the positive stability above 915.00 and stochastic attempt to gather the additional momentum allow us to continue suggesting the bullish attempts, noting that succeeding to surpass 985.00 level will open the way to record new targets that might start at 1040.00 and 1105.00.

 

The expected trading range for today is between 920.00 and 1000.00

 

The expected trend for today: Bullish

Commodities News

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, ...
Palladium News

Commodities

Palladium tumbles below $1000 an ounce once again
2024-04-26 15:34PM UTC
Palladium prices fell on Friday as the dollar rose against most major rivals, with the industrial ...
Oil News

Commodities

Oil prices park at week high as US inventories drop
2024-04-26 13:14PM UTC
Oil prices rose in European trade on Friday, extending gains for the second straight session, with ...

Commodities Technical Analysis

Brent oil Analysis

Commodities

Brent oil price forecast update 26-04-2024
2024-04-26 11:01AM UTC
Brent Oil Price Analysis Expected Scenario Brent oil price shows additional positive ...
Oil Analysis

Commodities

Crude oil price forecast update 26-04-2024
2024-04-26 11:01AM UTC
Crude Oil Price Analysis Expected Scenario Crude oil price keeps its stability above ...
Silver Analysis

Commodities

Silver price forecast update 26-04-2024
2024-04-26 11:00AM UTC
Silver Price Analysis Expected Scenario Silver price provides slight positive trades to ...