Silver price engaged in sideways trading in the intraday levels while trying to gather positive momentum to return higher, as it also maintained the upward short-term trend line, with additional positive support due to trading above the 50-candle SMA.

Ethereum price rose in latest intraday trading and almost tested the main downward trend line, which is dominating the price’s short term movements, with ongoing negative pressure due to trading below the 50-candle SMA, while the Stochastic reached overbought levels compared to the price’s movements, hinting at negative divergence, which would reinforce the negative scenario.

 Natural gas price engaged in slow sideways trading near $4.180 in an attempt to gather more positive momentum and sustained the upward wave.

The positive scenario will continue as long as the support of $3.750 holds on, targeting $4.260 and then $4.480. 

Expected trading range today is between the $4.050 support and the $4.260 resistance.

Today’s price forecast: Bullish

Platinum price was little changed despite a host of positive factors, especially positive signals from major indicators, with the price engaging in sideways trading near $990.00, while being impacted by the formation of $1000.00 as an important barrier.

The price will likely continue to trade sideways, with a potential of some negative waves towards $976.00 and $964, however, a breach of the aforementioned barrier would open the door for more gains towards $1017.

Expected trading range today is between the $975.00 support and the $1000 resistance.

Today’s price forecast: Sideways within an upward path