Platinum keeps the positivity – Analysis – 22-7-2019

Economies.com
2019-07-22 07:54AM UTC

Platinum price repeated the positive closings within the correctional bullish range to increase the chances of reaching 875.00 target, reminding you that attempting to surpass the waited target confirms exiting the negative track to start forming new bullish trades that might target 910.00 followed by 982.00 levels.

 

The current bullish scenario depends on the stability of 790.00 support line, also, stochastic attempt to reach the overbought areas increases the chances of gathering the required positive momentum to achieve the suggested targets.

 

The expected trading range for today is between 840.00 and 875.00

 

The expected trend for today: Bullish

Commodities News

Gold News

Commodities

Gold rushes above $2400 as Israel attacks Iran
2024-04-19 07:41AM UTC
Gold prices rose in European trade on Friday, extending gains for a second day and trading above ...
Gold News

Commodities

Gold returns higher towards $2400
2024-04-18 18:59PM UTC
Gold prices rose on Thursday as the dollar advanced against most major rivals amid mounting ...
Gold News

Commodities

Gold advances towards unprecedented peaks
2024-04-18 09:21AM UTC
Gold prices rose in European trade on Thursday, resuming gains and moving once again towards record ...

Commodities Technical Analysis

Brent oil Analysis

Commodities

Brent oil price forecast update 19-04-2024
2024-04-19 10:43AM UTC
Brent Oil Price Analysis Expected Scenario The Brent oil price bounced downwards strongly ...
Oil Analysis

Commodities

Crude oil price forecast update 19-04-2024
2024-04-19 10:43AM UTC
Crude Oil Price Analysis Expected Scenario Crude oil price couldn’t manage to hold ...
Silver Analysis

Commodities

Silver price forecast update 19-04-2024
2024-04-19 10:43AM UTC
Silver Price Analysis Expected Scenario Silver price returns to test the key support at ...