Silver prices tumbled in the intraday levels as the price sought a bottom to bounce it higher while gathering positive momentum to regain its footing, amid negative signals from the Stochastic after reaching overbought levels.

Gold prices fell in the intraday levels amid negative signals from the Stochastic after reaching overbought levels, with the price trying to vent off some of that saturation and gather momentum  to rebound and rise anew.

Natural gas prices were flat since yesterday, holding their ground around the pivotal support of $3.750, while stabilizing above the support of the ascending secondary channel at $3.960.

The Stochastic attempted to provide some support by exiting oversold levels, with the price now likely attacking the barrier at $4.180, thus opening the door for more gains towards $4.280 and $4.450. 

Expected trading range today is between $3.980 and $4.280.

Today’s price forecast: Bullish

Platinum prices failed to hold their ground above $1005.00, thus getting into some sideways trading and collecting some profits while edging towards $991.00.

We expects further mixed trading as the Stochastic attempts to exit overbought levels, raising the odds of a test on the support of $981.00, which could send the price higher towards the next major target at $1017.

Expected trading range today is between $985 and $1005.

Today’s price forecast: Hesitantly Bullish