Platinum delays the bullish attack– Analysis –22-09-2020

Economies.com
2020-09-22 05:41AM UTC

Platinum price announced delaying the bullish attack by reaching below 915.00 level, suffering clear losses by hitting 852.50 level and reaching below the moving average 55.

 

stochastic stability below 50 level will increase the negative pressures, to confirm the price surrender to the bearish correctional bias domination, to expect reaching 815.00 that forms the next correctional target in the current period.

 

The expected trading range for today is between 920.00 and 815.00

 

The expected trend for today: Bearish

 

Commodities News

Gold 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, ...
Palladium News

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 ...
Oil News

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

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 ...