Platinum is weak – Analysis – 15-4-2021
Economies.com
2021-04-15 05:55AM UTC
Platinum price is clearly weak, as it keeps fluctuating below 1230.00, to confirm postponing the bullish attack and prepare to record more correctional negative targets around 1140.00 and 1105.00.
We remind you that attempting to breach 1230.00 barrier and holding above it will cancel the negative overview to start forming new bullish trades that might extend towards 1290.00 followed by reaching the first positive target near 1350.00.
The expected trading range for today is between 1195.00 and 1140.00
The expected trend for today: Bearish
Commodities News
Commodities
Oil prices reverse lower, with US crude slumping 7% this week
2024-05-03 19:36PM UTC
Oil prices fell on Friday to seven-week lows amid concerns about oversupplies after an unexpected ...
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 ...
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 ...
Commodities Technical Analysis
Commodities
Brent oil price forecast update 03-05-2024
2024-05-03 13:54PM UTC
Brent oil price shows new negative trades now in attempt to resume the correctional bearish trend, ...
Commodities
Crude oil price forecast update 03-05-2024
2024-05-03 13:54PM UTC
Crude oil price resumes its negative trading to move away from 79.60$ level, reinforcing the ...
Commodities
Silver price forecast update 03-05-2024
2024-05-03 13:53PM UTC
Silver price declines again to reach our waited target at 26.00$, waiting to break this level to ...