Platinum without any change – Analysis – 9-10-2018
Economies.com
2018-10-09 06:29AM UTC
Platinum price remains stable below the moving average 55, to form a stable barrier at 832.00, to shrink the possibility for forming any bullish rally, therefore, we will keep preferring the negative trading in the current period, which targets the critical support at 790.00, then monitor the price behavior to detect the main trend in the upcoming period.
Note that the price success to breach the current barrier will cancel the negative overview, to begin forming a bullish rally, to expect targeting 855.00 and 871.00 level.
Expected trading range for today is between 832.00 and 791.00
Expected trend for today: Bearish
Commodities 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, ...
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 ...
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
Commodities
Brent oil price forecast update 29-04-2024
2024-04-29 09:54AM UTC
Brent Oil Price Analysis Key Points: Brent oil price has resumed positive trading, finding ...
Commodities
Crude oil price forecast update 29-04-2024
2024-04-29 09:54AM UTC
Crude Oil Price Analysis Key Points: Crude oil price is currently testing the key ...
Commodities
Silver price forecast update 29-04-2024
2024-04-29 09:54AM UTC
Silver Price Analysis Key Points: Silver price is currently trading positively, influenced ...