Platinum remains bullish – Analysis – 16-9-2019
Economies.com
2019-09-16 07:04AM UTC
Platinum price confirmed its affection by the bullish bias domination by providing repeated positive closes above 915.00 level, to keep the results of the inverted double top pattern, we expect renewing the bullish attempts by gaining extra positive momentum to target 980.00 level, and surpassing it will extend the trading to test 23.6% Fibonacci correction level at 1025.00.
The continuation of stochastic attempt to reach the overbought level supports our bullish suggestion, to increase the efficiency of the positive attack until reaching the waited targets.
The expected trading range for today is between 920.00 and 980.00
The expected trend for today: Bullish
Commodities 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 ...
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
Gold tumbles to one-month lows but still logs in monthly profit
2024-04-30 20:41PM UTC
Gold prices fell on Tuesday as the dollar rose against most major rivals, but the precious metal ...
Commodities Technical Analysis
Commodities
End of day gold price forecast update - 02-05-2024
2024-05-02 16:17PM UTC
Gold price continues to decline to test 2300.00$, waiting for more decline to achieve the ...
Commodities
End of day gold price forecast update - 02-05-2024
2024-05-02 16:16PM UTC
Gold price continues to decline to test 2300.00$, waiting for more decline to achieve the main ...
Commodities
Brent oil price forecast update 02-05-2024
2024-05-02 09:06AM UTC
Brent Oil Trading Report Brent oil price is testing 84.77$ level and attempts to consolidate ...