Platinum breaks the support – Analysis – 15-9-2021

Economies.com
2021-09-15 05:23AM UTC

Platinum price achieved a strong break to 949.00 level and settled below it, to head towards making more of the bearish correctional moves in the upcoming period, where the next targets reach 900.00 then 860.00.

 

The bearish channel supports the expected decline, which will remain valid conditioned by holding below 949.00.

 

The expected trading range for today is between 900.00 and 950.00

 

The expected trend for today: Bearish

Commodities News

Gold News

Commodities

Gold under pressure ahead of US jobs data
2024-05-03 08:37AM UTC
Gold prices fell in European trade on Friday, extending losses for the second straight session and ...
Gold News

Commodities

Gold gains ground as dollar dips while traders digest Fed's decisions
2024-05-02 18:30PM UTC
Gold prices rose on Thursday as the dollar fell against most major rivals, while investors digest ...
Oil News

Commodities

Oil prices try to recover from seven-week lows
2024-05-02 13:05PM UTC
Global oil prices rose in European trade on Thursday for the first time in five sessions away from ...

Commodities Technical Analysis

Platinum Analysis

Commodities

Platinum price moves slowly – Forecast today – 3-5-2024
2024-05-03 07:02AM UTC
Scenarios Scenario 1: Slow Positive Attempts Despite positive factors, platinum price sees slow ...
Copper Analysis

Commodities

Copper price under the negative pressure – Forecast today – 3-5-2024
2024-05-03 07:00AM UTC
Scenarios Scenario 1: Continuous Negative Pressure Copper price affected by stochastic exit ...
Technical Analysis

Commodities

Wheat price is recovering – Forecast today - 03-05-2024
2024-05-03 03:37AM UTC
Wheat Price Analysis Wheat price bounced clearly upwards after the 597.10$ level formed solid ...