Platinum under the sideways effect – Analysis – 5-2-2019

Economies.com
2019-02-05 07:42AM UTC

No change to Platinum price, as it continues to fluctuate within the sideways range recently, thus, we will stay neutral until surpassing one of the major levels represented by 825.00 resistance and 775.00 support to manage to detect the next main targets.

 

Please check our previous reports to review the expected targets after exiting the current sideways range.

 

The expected trading range for today is between 775.00 and 825.00

 

The expected trend for today: Neutral

Commodities News

Gold News

Commodities

How did gold become a major component in Nvidia's signature GPUs?
2024-04-25 20:32PM UTC
Nvidia has witnessed one of the most stunning success stories in recent years.. But before we get ...
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 ...

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 ...